Plan Snapshot
- Plan Sponsor: Arete Advisors, LLC
- Sponsor EIN: 813930932
- Sponsor Address: 4800 T-REX AVENUE, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 265
- Total Assets: $14.2M
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 | 265 | $14.2M | $1.2M | $2.1M |
| 2023 | 252 | $10.2M | $1.1M | $1.9M |
| 2022 | 213 | $6.0M | $1.1M | $2.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $6,832 | — | $6,832 | — | — |
| 2023 | $5,134 | — | $5,134 | — | — |
| 2022 | $6,911 | — | $6,911 | — | — |