Plan Snapshot
- Plan Sponsor: The I Grace Company, INC.
- Sponsor EIN: 133494074
- Sponsor Address: 37-18 NORTHERN BOULEVARD, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $12.2M
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 | 88 | $12.2M | $252,788 | $768,012 |
| 2023 | 84 | $10.3M | $232,111 | $728,201 |
| 2022 | 81 | $8.6M | $210,944 | $662,198 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $52,728 | $48,663 | $4,065 | — | — |
| 2023 | $41,966 | — | $41,966 | — | — |
| 2022 | $40,922 | — | $40,922 | — | — |