Plan Snapshot
- Plan Sponsor: Ann & Hope, INC.
- Sponsor EIN: 050272463
- Sponsor Address: 24 HEMINWAY DRIVE, EAST PROVIDENCE, RI, 02915
- Plan Type: 401(k)
- Total Participants: 7
- Total Assets: $8.9M
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 | 7 | $8.9M | $0 | $21,464 |
| 2023 | 7 | $8.1M | $7 | $19,875 |
| 2022 | 7 | $7.9M | $35 | $18,371 |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO., LTD | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $146,301 | — | $56,594 | — | — |
| 2023 | $652,810 | — | $7,184 | — | — |
| 2022 | -$11,574 | $1,909 | — | — | — |