Plan Snapshot
- Plan Sponsor: Frenkel Lambert Weisman & Gordon, LLP
- Sponsor EIN: 132704993
- Sponsor Address: 53 GIBSON STREET, BAY SHORE, NY, 11706
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $5.8M
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 | 102 | $5.8M | $52,893 | $459,648 |
| 2023 | 110 | $5.4M | $42,023 | $393,941 |
| 2022 | 95 | $4.4M | $35,780 | $290,099 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY LLP | 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 | $749,320 | — | $6,147 | — | — |
| 2023 | $175,105 | — | $3,117 | — | — |
| 2022 | $4,184 | — | — | — | — |