Plan Snapshot
- Plan Sponsor: Alaka'Ina Foundation
- Sponsor EIN: 450538257
- Sponsor Address: 12565 RESEARCH PARKWAY SUITE 300, ORLANDO, FL, 32826
- Plan Type: 401(k)
- Total Participants: 1,471
- Total Assets: $99.2M
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 | 1,471 | $99.2M | $5.0M | $8.9M |
| 2023 | 1,449 | $83.2M | $4.7M | $8.5M |
| 2022 | 1,462 | $64.3M | $4.0M | $7.4M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $213,891 | — | $213,891 |
| MERRILL LYNCH | Investment Advisor | $97,378 | — | $97,378 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- MERRILL LYNCH — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $311,269
- Estimated Expense Ratio: 0.314% 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 | $406,918 | $97,378 | — | — | — |
| 2023 | $345,942 | $77,626 | — | — | — |
| 2022 | $298,913 | $68,843 | — | — | — |