Plan Snapshot
- Plan Sponsor: Living Independently Forever, INC.
- Sponsor EIN: 223190452
- Sponsor Address: 550 LINCOLN ROAD EXT., HYANNIS, MA, 02601
- Plan Type: 401(k)
- Total Participants: 194
- Total Assets: $4.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 194 | $4.9M | $228,938 | $256,344 |
| 2023 | 187 | $4.2M | $216,374 | $226,266 |
| 2022 | 180 | $3.3M | $194,125 | $202,899 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY LLP | 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 | $7,239 | — | $7,239 | — | — |
| 2023 | $3,285 | — | $3,285 | — | — |
| 2022 | — | — | — | — | — |