Plan Snapshot
- Plan Sponsor: Payroll Made Easy, INC. Dba Continuum Hr
- Sponsor EIN: 650976069
- Sponsor Address: 11691 GATEWAY BLVD STE 104, FORT MYERS, FL, 33913
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $15.9M
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 | 318 | $15.9M | $767,847 | $1.5M |
| 2023 | 232 | $20.0M | $901,822 | $2.0M |
| 2022 | 628 | $19.2M | $1.0M | $1.9M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $148,688 | $52,164 | $96,524 | — | — |
| 2023 | $150,329 | $51,413 | $98,916 | — | — |
| 2022 | $127,179 | $43,247 | $83,932 | — | — |