Plan Snapshot
- Plan Sponsor: Leap Group Holdings, INC.
- Sponsor EIN: 473736028
- Sponsor Address: 3 2ND STREET SUITE 501, JERSEY CITY, NJ, 07302
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 228 | $5.8M | $456,468 | $862,727 |
| 2023 | 185 | $4.9M | $485,718 | $946,930 |
| 2022 | 154 | $2.6M | $342,814 | $628,485 |
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 |
|---|---|---|---|---|
| NATIONWIDE | Recordkeeper | $28,867 | — | $28,867 |
| LPL FINANCIAL, LLC | Insurance Carrier | — | $26,613 | $26,613 |
| PROACCOUNT | Investment Advisor | $7,673 | — | $7,673 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — Recordkeeper
- LPL FINANCIAL, LLC — Insurance Carrier
- PROACCOUNT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,153
- Estimated Expense Ratio: 1.082% 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 | $18,225 | — | $18,225 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |