Plan Snapshot
- Plan Sponsor: The Lewis Group, INC.
- Sponsor EIN: 814811950
- Sponsor Address: 155 RAILROAD PLAZA, ROYERSFORD, PA, 19468
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 105
- Total Assets: $102,958
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 105 | $102,958 | $1.1M | $357,616 |
| 2023 | 111 | $258,312 | $768,939 | $288,156 |
| 2022 | 104 | $24,400 | $397,344 | $151,901 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $46,728 | — | $46,728 |
| THE BENECON GROUP, LLC | Investment Advisor | $28,132 | — | $28,132 |
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $16,953 | — | $16,953 |
| CONNECTCARE3 | Other Service Provider | $7,087 | — | $7,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $98,900
- Estimated Expense Ratio: 96.059% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,425,135 | — | — | — | — |
| 2023 | $1,095,530 | — | — | — | — |
| 2022 | $652,362 | — | — | — | — |