Plan Snapshot
- Plan Sponsor: Leeway, INC.
- Sponsor EIN: 223065847
- Sponsor Address: 40 ALBERT STREET, NEW HAVEN, CT, 06511
- 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 | $53,488 | $82,216 |
| 2023 | 98 | $2.2M | $130,966 | $195,862 |
| 2022 | 78 | $1.7M | $98,784 | $156,672 |
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 |
|---|---|---|---|---|
| SMITH BROTHERS FINANCIAL LLC | Investment Advisor | $15,084 | — | $15,084 |
| LEEWAY, INC. | Other Service Provider | $14,000 | — | $14,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,084
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 | $52,700 | $4,738 | — | — | — |
| 2023 | $14,542 | $7,542 | — | — | — |
| 2022 | $4,483 | — | $4,483 | — | — |