Plan Snapshot
- Plan Sponsor: Park Ventures, LLC
- Sponsor EIN: 843736705
- Sponsor Address: 2121 ROSECRANS AVE. SUITE 4543, EL SEGUNDO, CA, 90245
- Plan Type: 401(k)
- Total Participants: 66
- Total Assets: $8.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 66 | $8.8M | $16,545 | $466,569 |
| 2023 | 58 | $7.3M | $15,963 | $365,425 |
| 2022 | 59 | $6.2M | $13,726 | $320,474 |
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 |
|---|---|---|---|---|
| LEE CPA GROUP AUDIT GROUP | Auditor | $8,514 | — | $8,514 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA GROUP AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,514
- Estimated Expense Ratio: 0.097% 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 | $56,364 | $15,734 | — | $8,514 | — |
| 2023 | $62,260 | $15,188 | — | $12,100 | — |
| 2022 | $45,437 | — | — | — | $13,650 |