Plan Snapshot
- Plan Sponsor: Sobo & Sobo LLP
- Sponsor EIN: 550797497
- Sponsor Address: 1 DOLSON AVE, MIDDLETOWN, NY, 109406423
- Plan Type: 401(k)
- Total Participants: 160
- Total Assets: $5.1M
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 | 160 | $5.1M | $338,294 | $527,541 |
| 2023 | 136 | $3.9M | $287,413 | $444,496 |
| 2022 | 105 | $3.0M | $256,142 | $335,635 |
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 |
|---|---|---|---|---|
| MIKE AVERSANO CPA, PC | 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 | $30,479 | $29,321 | $1,158 | — | — |
| 2023 | $25,366 | $24,091 | $1,275 | — | — |
| 2022 | $25,034 | $22,264 | $2,770 | — | — |