Plan Snapshot
- Plan Sponsor: Local Initiatives Support Corp.
- Sponsor EIN: 133030229
- Sponsor Address: 28 LIBERTY STREET, NEW YORK, NY, 10005
- Plan Type: 403(b)
- Total Participants: 551
- Total Assets: $80.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 551 | $80.7M | $4.6M | $997,462 |
| 2023 | 567 | $69.6M | $4.1M | $971,018 |
| 2022 | 568 | $56.6M | $3.2M | $916,942 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | Recordkeeper | $72,436 | — | $72,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,436
- Estimated Expense Ratio: 0.090% 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 | $72,509 | — | — | — | — |
| 2023 | $71,173 | — | — | — | — |
| 2022 | $72,136 | — | — | — | — |