Plan Snapshot
- Plan Sponsor: Aiv, L.P.
- Sponsor EIN: 760325317
- Sponsor Address: 22806 NORTHWEST LAKE DRIVE, HOUSTON, TX, 77095
- Plan Type: 401(k)
- Total Participants: 288
- Total Assets: $33.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 288 | $33.7M | $1.1M | $1.3M |
| 2023 | 268 | $27.6M | $901,288 | $1.1M |
| 2022 | 239 | $22.1M | $917,458 | $1.2M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES INSURANCE GROUP INC | ADVISOR | $44,699 | — | $44,699 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $43,252 | — | $43,252 |
| NOVA 401 (K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | $13,969 | — | $13,969 |
| HARPER & PEARSON COMPANY P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- HARPER & PEARSON COMPANY P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,920
- Estimated Expense Ratio: 0.302% 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 | $118,976 | — | $118,976 | — | — |
| 2023 | $97,536 | — | $97,536 | — | — |
| 2022 | $107,689 | — | $107,689 | — | — |