Plan Snapshot
- Plan Sponsor: It'S Never 2 Late, LLC Dba Lifeloop
- Sponsor EIN: 841507580
- Sponsor Address: 5889 GREENWOOD PLAZA BLVD, GREENWOOD VILLAGE, CO, 80111
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 99 | $4.0M | $268,813 | $789,358 |
| 2023 | 80 | $3.2M | $123,166 | $562,941 |
| 2022 | 70 | $2.6M | $113,942 | $648,849 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $18,264 | — | $18,264 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $14,274 | — | $14,274 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,538
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 |
|---|---|---|---|---|---|
| 2025 | $436,607 | $44,632 | — | — | — |
| 2024 | $37,647 | $32,077 | — | — | — |
| 2023 | $29,846 | $25,083 | — | — | — |
| 2022 | $32,035 | $27,742 | — | — | — |