Plan Snapshot
- Plan Sponsor: Independent Living Association
- Sponsor EIN: 112729771
- Sponsor Address: 110 YORK STREET, BROOKLYN, NY, 11201
- Plan Type: DC
- Total Participants: 492
- Total Assets: $7.7M
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 | 492 | $7.7M | $368,374 | $1.2M |
| 2023 | 463 | $7.0M | $363,168 | $1.1M |
| 2022 | 453 | $6.1M | $386,026 | $1.4M |
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 |
|---|---|---|---|---|
| CERINI & ASSOCIATES, 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 | $36,238 | — | — | — | — |
| 2023 | $32,746 | — | — | — | — |
| 2022 | $30,117 | — | — | — | — |