Plan Snapshot
- Plan Sponsor: Palermo Villa, INC.
- Sponsor EIN: 391035704
- Sponsor Address: 3301 WEST CANAL STREET, MILWAUKEE, WI, 532084137
- Plan Type: 401(k)
- Total Participants: 1,127
- Total Assets: $38.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,127 | $38.9M | $1.5M | $3.1M |
| 2023 | 1,022 | $30.4M | $1.4M | $2.7M |
| 2022 | 780 | $23.1M | $1.2M | $2.3M |
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 |
|---|---|---|---|---|
| VRAKAS S.C. | Auditor | $7,539 | — | $7,539 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VRAKAS S.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,539
- Estimated Expense Ratio: 0.019% 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 | $140,761 | $36,849 | $96,373 | $7,539 | — |
| 2023 | $112,981 | $35,776 | $72,307 | $4,898 | — |
| 2022 | $113,290 | $34,988 | $70,201 | — | $8,101 |