# Center For Family Life In Sunset Park, INC. 401(k) Plan
Source: https://planprovider.pro/companies/center-for-family-life-in-sunset-park-inc-401k-plan

> Center For Family Life In Sunset Park, INC.&#39;s 401(k) plan: 405 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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