Plan Snapshot
- Plan Sponsor: Livhome, INC.
- Sponsor EIN: 954724316
- Sponsor Address: 1540 SUNDAY DRIVE, RALEIGH, NC, 27607
- Plan Type: 401(k)
- Total Participants: 658
- Total Assets: $6.8M
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 | 658 | $6.8M | $141,164 | $855,293 |
| 2023 | 732 | $6.8M | $113,209 | $814,727 |
| 2022 | 793 | $5.6M | $130,517 | $815,594 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $61,559 | — | $61,559 |
| PBMARES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,559
- Estimated Expense Ratio: 0.911% 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 | $61,559 | $1,926 | — | — | — |
| 2023 | $71,800 | $13,514 | — | — | — |
| 2022 | $73,492 | — | — | — | — |