Plan Snapshot
- Plan Sponsor: Long Island Center For Independent Living, INC.
- Sponsor EIN: 112621496
- Sponsor Address: 3601 HEMPSTEAD TURNPIKE, LEVITTOWN, NY, 11756
- Plan Type: 403(b)
- Total Participants: 392
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 392 | $4.7M | $0 | $262,622 |
| 2023 | 418 | $4.1M | $113,431 | $236,131 |
| 2022 | 395 | $3.6M | $109,511 | $249,171 |
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 |
|---|---|---|---|---|
| CERINI & ASSOCIATES | 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 | $186,100 | — | $22,711 | — | — |
| 2023 | $356,360 | — | $18,651 | — | — |
| 2022 | $18,732 | $18,732 | — | — | — |