Plan Snapshot
- Plan Sponsor: Art Is Love, LLC Dba Kalisher
- Sponsor EIN: 823446101
- Sponsor Address: 800 TAYLOR STREET, DURHAM, NC, 27701
- Plan Type: 401(k)
- Total Participants: 98
- Total Assets: $5.8M
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 | 98 | $5.8M | $215,860 | $438,207 |
| 2023 | 126 | $4.9M | $208,574 | $383,677 |
| 2022 | 128 | $3.2M | $131,163 | $230,618 |
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 |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER | 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 | $31,997 | $31,997 | — | — | — |
| 2023 | $43,060 | $43,060 | — | — | — |
| 2022 | $15,443 | $15,443 | — | — | — |