Plan Snapshot
- Plan Sponsor: Center For Family Life In Sunset Park, INC.
- Sponsor EIN: 851058164
- Sponsor Address: 443 39TH STREET, BROOKLYN, NY, 11232
- Plan Type: 401(k)
- Total Participants: 405
- Total Assets: $3.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 405 | $3.6M | $400,167 | $706,475 |
| 2023 | 339 | $2.4M | $557,779 | $534,532 |
| 2022 | 352 | $1.2M | $385,652 | $424,221 |
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 |
|---|---|---|---|---|
| DORFMAN, ABRAMS AND MUSIC | 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 | $13,666 | — | $13,666 | — | — |
| 2023 | $13,377 | — | $13,377 | — | — |
| 2022 | $5,431 | — | $5,431 | — | — |