Plan Snapshot
- Plan Sponsor: 50floor, LLC
- Sponsor EIN: 208642145
- Sponsor Address: 4701 GRANITE DRIVE, TUCKER, GA, 30084
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 159
- Total Assets: $2.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 159 | $2.5M | $204,847 | $406,953 |
| 2022 | 128 | $1.5M | $196,796 | $331,903 |
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 |
|---|---|---|---|---|
| BAER WEALTH MANAGEMENT | Investment Advisor | $15,426 | — | $15,426 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,426
- Estimated Expense Ratio: 0.627% 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 |
|---|---|---|---|---|---|
| 2023 | $34,073 | — | $34,073 | — | — |
| 2022 | $99,677 | — | — | — | — |