Plan Snapshot
- Plan Sponsor: Posillico Civil, INC.
- Sponsor EIN: 111529032
- Sponsor Address: 1750 NEW HIGHWAY, FARMINGDALE, NY, 11735
- Plan Type: 401(k)
- Total Participants: 685
- Total Assets: $66.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 685 | $66.0M | $3.4M | $3.6M |
| 2023 | 307 | $50.0M | $2.5M | $2.7M |
| 2022 | 259 | $38.8M | $2.2M | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $67,001 | — | $67,001 |
| AMPF HOLDING CORPORATION | INVESTMENT ADVISOR | $56,681 | — | $56,681 |
| LEAFHOUSE FINANCIAL ADVISORS LLC | ADVISOR | $24,012 | — | $24,012 |
| GRASSI & CO., CPAS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- AMPF HOLDING CORPORATION — INVESTMENT ADVISOR
- GRASSI & CO., CPAS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,694
- Estimated Expense Ratio: 0.224% 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 | $147,407 | $24,015 | — | — | — |
| 2023 | $129,055 | $79,801 | — | — | — |
| 2022 | $98,473 | — | — | — | — |