Plan Snapshot
- Plan Sponsor: Lavitt Group, INC.
- Sponsor EIN: 863159249
- Sponsor Address: 125 MICHAEL DRIVE, SYOSSET, NY, 11791
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $17.5M
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 | 70 | $17.5M | $83,416 | $543,705 |
| 2023 | 61 | $15.7M | $126,481 | $609,402 |
| 2022 | 72 | $13.8M | $198,115 | $622,749 |
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 |
|---|---|---|---|---|
| PKF O'CONNOR DAVIES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PKF O'CONNOR DAVIES — 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 | $112,848 | — | $112,848 | — | — |
| 2023 | $120,144 | — | $120,144 | — | — |
| 2022 | $71,607 | — | $71,607 | — | — |