Plan Snapshot
- Plan Sponsor: Dan Klores Communications, LLC
- Sponsor EIN: 611568930
- Sponsor Address: 261 FIFTH AVENUE, 3RD FLOOR, NEW YORK, NY, 10016
- Plan Type: 401(k)
- Total Participants: 208
- Total Assets: $22.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 208 | $22.0M | $337,393 | $1.5M |
| 2023 | 208 | $18.8M | $329,952 | $1.5M |
| 2022 | 227 | $14.5M | $295,820 | $1.2M |
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 |
|---|---|---|---|---|
| SENTINEL PENSION ADVISORS | NONE | $35,400 | — | $35,400 |
| SENTINEL BENEFITS GROUP, LLC | NONE | $30,860 | — | $30,860 |
| CHARLES SCHWAB TRUST BANK | NONE | $7,647 | — | $7,647 |
| HCVT CPAS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL PENSION ADVISORS — NONE
- SENTINEL BENEFITS GROUP, LLC — NONE
- CHARLES SCHWAB TRUST BANK — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,907
- Estimated Expense Ratio: 0.336% 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 | $73,907 | $35,400 | — | — | — |
| 2023 | $63,044 | $30,501 | — | — | — |
| 2022 | $59,104 | $29,213 | — | — | $29,891 |