Plan Snapshot
- Plan Sponsor: Lerner Rowe & Associates PC
- Sponsor EIN: 061756323
- Sponsor Address: 4795 S DURANGO DR, LAS VEGAS, NV, 891478144
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $7.6M
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 | 226 | $7.6M | $505,513 | $818,191 |
| 2023 | 229 | $5.7M | $387,626 | $686,874 |
| 2022 | 221 | $4.0M | $572,694 | $600,280 |
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 |
|---|---|---|---|---|
| BD & ASSOCIATES CPAS PLLC | 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 | $35,171 | $32,087 | $2,224 | — | — |
| 2023 | $29,893 | $21,963 | $7,070 | — | — |
| 2022 | $20,698 | $18,102 | $2,596 | — | — |