Plan Snapshot
- Plan Sponsor: Brand Institute INC
- Sponsor EIN: 582236553
- Sponsor Address: 200 SE 1ST ST FL 12, MIAMI, FL, 331311912
- Plan Type: 401(k)
- Total Participants: 95
- Total Assets: $16.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 95 | $16.9M | $0 | $721,662 |
| 2023 | 105 | $14.4M | $47,882 | $776,045 |
| 2022 | 110 | $11.6M | $142,496 | $787,572 |
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, 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 | $39,669 | $6,883 | $31,926 | — | — |
| 2023 | $33,960 | $5,684 | $27,416 | — | — |
| 2022 | $31,969 | $5,368 | $26,601 | — | — |