Plan Snapshot
- Plan Sponsor: Area 15 Global LLC
- Sponsor EIN: 301154993
- Sponsor Address: 299 PARK AVE FL 42, NEW YORK, NY, 101710002
- Plan Type: 401(k)
- Total Participants: 419
- Total Assets: $3.8M
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 | 419 | $3.8M | $316,180 | $988,318 |
| 2023 | 365 | $2.2M | $274,549 | $817,519 |
| 2022 | 110 | $1.0M | $87,088 | $299,391 |
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 |
|---|---|---|---|---|
| MIKE AVERSANO CPA, PC | 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 | $30,816 | $14,389 | $15,567 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |