Plan Snapshot
- Plan Sponsor: Ecapital Enterprises Corp.
- Sponsor EIN: 823692892
- Sponsor Address: 20807 BISCAYNE BOULEVARD #203, AVENTURA, FL, 33180
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $17.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 161 | $17.8M | $905,822 | $1.5M |
| 2023 | 170 | $15.1M | $815,130 | $1.3M |
| 2022 | 190 | $13.2M | $751,795 | $1.1M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $36,056 | — | $36,056 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $31,620 | — | $31,620 |
| MMLIS | Investment Advisor | $12,793 | — | $12,793 |
| THE ANGELL PENSION GROUP INC | Recordkeeper | — | $10,000 | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,469
- Estimated Expense Ratio: 0.507% 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 | $78,243 | — | — | — | — |
| 2023 | $65,482 | — | — | — | — |
| 2022 | $92,151 | — | — | — | — |