Plan Snapshot
- Plan Sponsor: A-Verdi Cos LLC
- Sponsor EIN: 030401850
- Sponsor Address: 14150 ROUTE 31, SAVANNAH, NY, 13146
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $2.7M
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 | 109 | $2.7M | $180,363 | $305,014 |
| 2023 | 125 | $2.1M | $178,582 | $262,881 |
| 2022 | 116 | $1.5M | $90,159 | $148,962 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | Recordkeeper | $12,709 | — | $12,709 |
| COMMONWEALTH EQUITY SERVICES LLC | Investment Advisor | $11,627 | — | $11,627 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,336
- Estimated Expense Ratio: 0.889% 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 | $37,152 | $11,886 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |