Plan Snapshot
- Plan Sponsor: Seafield Center, INC.
- Sponsor EIN: 112700246
- Sponsor Address: 7 SEAFIELD LANE, WESTHAMPTON BEACH, NY, 11978
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $8.8M
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 | 199 | $8.8M | $41,945 | $511,772 |
| 2023 | 209 | $7.3M | $41,736 | $461,128 |
| 2022 | 203 | $6.9M | $42,213 | $440,422 |
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 |
|---|---|---|---|---|
| HMM & CO., LLP | 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 | $2,987 | — | — | — | — |
| 2023 | $1,475 | — | — | — | — |
| 2022 | $1,860 | — | — | — | — |