Plan Snapshot
- Plan Sponsor: Dreamwear INC.
- Sponsor EIN: 133765412
- Sponsor Address: 183 MADISON AVENUE STE 1015, NEW YORK, NY, 10016
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 195
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 195 | $22.9M | $0 | $0 |
| 2024 | 129 | $17.5M | $467,060 | $1.0M |
| 2023 | 121 | $13.9M | $435,027 | $878,273 |
| 2022 | 119 | $10.9M | $408,447 | $806,822 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $116,889 | — | $116,889 |
| STONEHILL FIDCUCIARY MANAGEMENT | Investment Advisor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,889
- Estimated Expense Ratio: 0.618% 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 |
|---|---|---|---|---|---|
| 2025 | $337,795 | $25,000 | — | — | — |
| 2024 | $34,405 | $20,000 | — | — | — |
| 2023 | $30,131 | $20,000 | — | — | — |
| 2022 | $30,089 | — | — | — | — |