Plan Snapshot
- Plan Sponsor: Modani Holdings LLC
- Sponsor EIN: 320598920
- Sponsor Address: 3050 BISCAYNE BLVD STE 801, MIAMI, FL, 331374184
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $646,086
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 162 | $646,086 | $51,022 | $76,770 |
| 2023 | 186 | $619,993 | $58,298 | $109,329 |
| 2022 | 231 | $455,979 | $61,207 | $113,104 |
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 |
|---|---|---|---|---|
| CONSTANTIN ASSOCIATES, 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 | $8,537 | $2,293 | $5,384 | — | — |
| 2023 | $9,648 | $2,090 | $6,698 | — | — |
| 2022 | $8,373 | $2,575 | $5,798 | — | — |