Plan Snapshot
- Plan Sponsor: Forum Personnel INC.
- Sponsor EIN: 132781308
- Sponsor Address: 550 7TH AVENUE 21ST FLOOR, NEW YORK, NY, 100182401
- Plan Type: DC
- Total Participants: 2,155
- Total Assets: $7.3M
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. |
|---|---|---|---|---|
| 2024 | 2,155 | $7.3M | $0 | $586,619 |
| 2023 | 2,407 | $6.8M | $0 | $676,073 |
| 2022 | 2,433 | $5.7M | $0 | $796,389 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $18,127 | — | $18,127 |
| COMPASS ADVISORY GROUP LLC | ADVISOR | $17,440 | — | $17,440 |
| KVLSM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
- COMPASS ADVISORY GROUP LLC — ADVISOR
- KVLSM — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,567
- Estimated Expense Ratio: 0.486% 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 | $36,427 | $17,440 | $18,127 | — | — |
| 2023 | $31,262 | $15,055 | $15,347 | — | — |
| 2022 | $30,112 | $14,372 | $15,740 | — | — |