Plan Snapshot
- Plan Sponsor: 626 Holdings Equity LLC
- Sponsor EIN: 852461577
- Sponsor Address: 1225 BROKEN SOUND PARKWAY NW STE A, BOCA RATON, FL, 33487
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 275 | $6.3M | $583,828 | $1.0M |
| 2023 | 295 | $5.4M | $624,270 | $1.1M |
| 2022 | 269 | $3.0M | $403,140 | $695,825 |
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 |
|---|---|---|---|---|
| ASSURANCE DIMENSIONS | Auditor | $11,070 | — | $11,070 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,070
- Estimated Expense Ratio: 0.175% 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 | $45,053 | $7,618 | — | $11,070 | — |
| 2023 | $28,412 | $5,058 | — | — | — |
| 2022 | $15,314 | $977 | $14,337 | — | — |