Plan Snapshot
- Plan Sponsor: East Coast Assemblers, INC.
- Sponsor EIN: 200388460
- Sponsor Address: 2445 QUANTUM BLVD, BOYNTON BEACH, FL, 33426
- Plan Type: 401(k)
- Total Participants: 827
- Total Assets: $4.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 827 | $4.7M | $267,599 | $598,192 |
| 2023 | 1,011 | $4.7M | $358,751 | $818,463 |
| 2022 | 1,156 | $4.0M | $336,463 | $790,575 |
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 |
|---|---|---|---|---|
| MIKE AVERSANO CPA 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 | $28,356 | $2,067 | — | — | — |
| 2023 | $28,571 | $1,941 | — | — | — |
| 2022 | $23,914 | $1,714 | — | — | — |