Plan Snapshot
- Plan Sponsor: Serene Services INC.
- Sponsor EIN: 421705422
- Sponsor Address: 42 ACADEMY STREET, PATCHOGUE, NY, 11772
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $1.8M
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 | 178 | $1.8M | $62,777 | $291,565 |
| 2023 | 198 | $1.5M | $64,420 | $333,157 |
| 2022 | 219 | $1.1M | $74,139 | $290,754 |
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 |
|---|---|---|---|---|
| BLATT & DAUMAN 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 | $7,249 | $3,715 | — | — | — |
| 2023 | $4,746 | $2,890 | — | — | — |
| 2022 | $5,342 | — | — | — | — |