Plan Snapshot
- Plan Sponsor: Historic Palm LLC
- Sponsor EIN: 830425861
- Sponsor Address: 2524 N 24TH ST, PHOENIX, AZ, 850081806
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $2.8M
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 | 85 | $2.8M | $71,858 | $141,129 |
| 2023 | 91 | $2.3M | $171,242 | $120,634 |
| 2022 | 84 | $1.7M | $66,730 | $113,012 |
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 |
|---|---|---|---|---|
| PRICE KONG, & CO. CPA'S P.A. | 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 | $32,920 | $13,806 | $18,254 | — | — |
| 2023 | $26,005 | $10,691 | $14,411 | — | — |
| 2022 | $23,414 | $9,998 | $13,416 | — | — |