# The Collection, LLC 401(k) Plan
Source: https://planprovider.pro/companies/the-collection-llc-401k-plan

> The Collection, LLC's 401(k) plan: 496 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Collection, LLC

- **Sponsor EIN:** 651035297

- **Sponsor Address:** 200 BIRD RD, CORAL GABLES, FL, 331461403

- **Plan Type:** 401(k)

- **Total Participants:** 496

- **Total Assets:** $27.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|496|$27.9M|$367,582|$2.0M|

| 2023|403|$24.9M|$317,546|$1.7M|

| 2022|396|$22.0M|$247,951|$1.3M|

## 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|

| PRINCIPAL LIFE INSURANCE COMPANY|CONTRACT ADMINISTRATOR|$20,986|—|$20,986|

| WORLD INSURANCE ASSOCIATES LLC|OTHER SERVICES|—|$18,923|$18,923|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $39,909

- **Estimated Expense Ratio:** 0.143% 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|$20,987|—|$20,987|—|—|

| 2023|$13,264|—|$13,264|—|—|

| 2022|$11,063|—|$11,063|—|—|

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