Plan Snapshot
- Plan Sponsor: Jl Audio, INC.
- Sponsor EIN: 591748974
- Sponsor Address: 10369 NORTH COMMERCE PKWY, MIRAMAR, FL, 33025
- Plan Type: 401(k)
- 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. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $39 | $154 |
| 2023 | 578 | $23.9M | $424,980 | $2.5M |
| 2022 | 593 | $18.7M | $370,873 | $2.1M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | $21,680 | — | $21,680 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,680
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 | $152,191 | $24,553 | — | $21,680 | — |
| 2023 | $97,384 | $55,628 | — | — | — |
| 2022 | $204,375 | $157,772 | $46,603 | — | — |