Plan Snapshot
- Plan Sponsor: Nqm Funding, LLC
- Sponsor EIN: 650709224
- Sponsor Address: 4800 N FEDERAL HIGHWAY BLDG E, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 239
- Total Assets: $7.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 239 | $7.0M | $0 | $1.4M |
| 2023 | 209 | $5.6M | $0 | $1.1M |
| 2022 | 278 | $4.2M | $149,780 | $1.4M |
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 |
|---|---|---|---|---|
| CATHEDRAL CPAS AND ADVISORS | 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 | $81,856 | $1,260 | $55,273 | — | — |
| 2023 | $71,841 | $929 | $17,672 | $10,000 | — |
| 2022 | $84,689 | — | $84,689 | — | — |