Plan Snapshot
- Plan Sponsor: Independent Living Systems
- Sponsor EIN: 450481642
- Sponsor Address: 4701 NW 77TH AVE, MIAMI, FL, 33166
- Plan Type: 401(k)
- Total Participants: 1,540
- Total Assets: $31.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,540 | $31.7M | $629,172 | $4.2M |
| 2023 | 1,116 | $25.4M | $532,633 | $3.6M |
| 2022 | 1,038 | $20.2M | $496,443 | $3.0M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C | 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 | $125,555 | $50,000 | — | — | — |
| 2023 | $114,724 | $50,000 | — | — | — |
| 2022 | $112,465 | — | — | — | — |