Plan Snapshot
- Plan Sponsor: Legacy Healing Center Margate, L
- Sponsor EIN: 813661016
- Sponsor Address: 4770 EXCHANGE COURT, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 430
- Total Assets: $5.6M
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 | 430 | $5.6M | $910,339 | $1.1M |
| 2023 | 407 | $3.4M | $583,329 | $703,295 |
| 2022 | 234 | $2.2M | $510,436 | $662,416 |
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 |
|---|---|---|---|---|
| COHNREZNICK LLC | Auditor | — | — | $0 |
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 | $14,848 | — | — | — | — |
| 2023 | $8,606 | — | — | — | — |
| 2022 | $7,566 | — | — | — | — |