Plan Snapshot
- Plan Sponsor: Ayr Strategies, INC.
- Sponsor EIN: 981500584
- Sponsor Address: 2601 SOUTH BAYSHORE DRIVE, MIAMI, FL, 33133
- Plan Type: 401(k)
- Total Participants: 2,012
- Total Assets: $19.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,012 | $19.8M | $2.4M | $4.5M |
| 2023 | 1,818 | $15.0M | $1.9M | $3.6M |
| 2022 | 1,740 | $9.5M | $1.9M | $3.7M |
| 2021 | 1,440 | $3.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| BORIS BENIC & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BORIS BENIC & ASSOCIATES LLP — Auditor
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 | $361,589 | $148,470 | $213,119 | — | — |
| 2023 | $314,324 | $74,087 | $240,237 | — | — |
| 2022 | $29,719 | $14,174 | $15,545 | — | — |
| 2021 | $6,197 | $2,697 | — | — | — |