Plan Snapshot
- Plan Sponsor: Lafayette 148, INC.
- Sponsor EIN: 223448675
- Sponsor Address: 141 FLUSHING AVE, BROOKLYN, NY, 11205
- Plan Type: 401(k)
- Total Participants: 283
- Total Assets: $45.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 283 | $45.7M | $269,840 | $2.2M |
| 2023 | 278 | $38.6M | $349,846 | $2.2M |
| 2022 | 289 | $31.7M | $614,472 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $54,099 | — | $54,099 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,288 | — | $9,288 |
| WEI WEI & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- WEI WEI & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,387
- Estimated Expense Ratio: 0.139% of plan assets
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 | -$203 | $63,387 | — | — | — |
| 2023 | $7,551 | $54,191 | — | — | — |
| 2022 | -$1,039 | $10,334 | — | — | — |