Plan Snapshot
- Plan Sponsor: Looking Upwards, INC.
- Sponsor EIN: 050376075
- Sponsor Address: PO BOX 4289, MIDDLETOWN, RI, 02842
- Plan Type: 401(k)
- Total Participants: 561
- Total Assets: $9.1M
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 | 561 | $9.1M | $5,564 | $711,668 |
| 2023 | 488 | $7.8M | $10,275 | $555,155 |
| 2022 | 403 | $6.6M | $0 | $424,635 |
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 |
|---|---|---|---|---|
| KAHN, LITWIN, RENZA & CO., LTD | 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 | $56,152 | — | — | — | — |
| 2023 | $48,138 | — | — | — | — |
| 2022 | $38,140 | — | — | — | — |