Plan Snapshot
- Plan Sponsor: Harbor Linen LLC Dba 1concier
- Sponsor EIN: 262740806
- Sponsor Address: 1512 E. BROWARD BLVD., SUITE 300, FORT LAUDERDALE, FL, 33301
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $4.1M
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 | 89 | $4.1M | $189,267 | $505,487 |
| 2023 | 105 | $3.4M | $216,292 | $565,025 |
| 2022 | 119 | $2.6M | $205,610 | $508,559 |
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 |
|---|---|---|---|---|
| HOWARDSIMON, INC. | Other Service Provider | $13,570 | — | $13,570 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,570
- Estimated Expense Ratio: 0.329% 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 | $14,553 | — | $14,553 | — | — |
| 2023 | $12,382 | — | $12,382 | — | — |
| 2022 | $16,313 | — | $16,313 | — | — |