Plan Snapshot
- Plan Sponsor: Bestlife Holdings INC
- Sponsor EIN: 851285039
- Sponsor Address: 6830 SPENCER ST STE 102, LAS VEGAS, NV, 891194731
- Plan Type: 401(k)
- Total Participants: 77
- 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 | 77 | $8.9M | $247,425 | $344,898 |
| 2023 | 114 | $7.9M | $295,298 | $400,556 |
| 2022 | 113 | $6.5M | $315,656 | $444,949 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $21,116 | — | $21,116 |
| STONEHENGE RETIREMENT PLANNERS LLC | Investment Advisor | $8,395 | — | $8,395 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $6,200 | — | $6,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,711
- Estimated Expense Ratio: 0.400% of plan assets
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 | $36,311 | $8,395 | $27,056 | — | — |
| 2023 | $28,516 | $6,900 | $1,765 | — | — |
| 2022 | $17,539 | $7,760 | $9,779 | — | — |