Plan Snapshot
- Plan Sponsor: Lydecker Diaz, LLP
- Sponsor EIN: 822361028
- Sponsor Address: 1221 BRICKELL AVENUE, 19TH FLOOR, MIAMI, FL, 33131
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $6.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 157 | $6.3M | $270,253 | $834,431 |
| 2023 | 138 | $5.6M | $183,948 | $720,853 |
| 2022 | 115 | $4.1M | $167,887 | $637,771 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $41,369 | — | $41,369 |
| ROYAL ALLIANCE ASSOCIATES, INC. | Investment Advisor | — | $16,090 | $16,090 |
| THE BENEFIT PRACTICE | Recordkeeper | $6,150 | $2,738 | $8,888 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROYAL ALLIANCE ASSOCIATES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,347
- Estimated Expense Ratio: 1.057% 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 | $47,520 | — | $47,520 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |