Plan Snapshot
- Plan Sponsor: Iovino Enterprises, LLC
- Sponsor EIN: 204146220
- Sponsor Address: 1010 NORTHERN BLVD, GREAT NECK, NY, 11021
- Plan Type: 401(k)
- Total Participants: 401
- Total Assets: $50.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 401 | $50.0M | $4.9M | $4.4M |
| 2023 | 439 | $40.1M | $2.5M | $3.7M |
| 2022 | 363 | $29.5M | $3.9M | $2.9M |
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 |
|---|---|---|---|---|
| GRASSI & CO | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRASSI & CO — Auditor
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 | $130,927 | $17,009 | — | — | — |
| 2023 | $98,882 | $62,204 | — | — | — |
| 2022 | $106,774 | $10,538 | — | — | — |