Plan Snapshot
- Plan Sponsor: Ole Media Services, INC.
- Sponsor EIN: 650642734
- Sponsor Address: 2525 PONCE DE LEON BLVD SUITE 250, CORAL GABLES, FL, 33134
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $16.8M
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 | 131 | $16.8M | $286,026 | $935,545 |
| 2023 | 116 | $13.9M | $314,160 | $1.0M |
| 2022 | 162 | $10.3M | $285,278 | $890,491 |
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 |
|---|---|---|---|---|
| PAAST, P.L. | 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 | $58,211 | $25,179 | $33,032 | — | — |
| 2023 | $52,810 | $24,126 | $26,284 | — | — |
| 2022 | $54,011 | — | — | — | $54,011 |