Plan Snapshot
- Plan Sponsor: Tvr Communications LLC
- Sponsor EIN: 200481785
- Sponsor Address: 1979 MARCUS AVENUE - SUITE 226, LAKE SUCCESS, NY, 110422179
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 187
- Total Assets: $8.9M
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. |
|---|---|---|---|---|
| 2023 | 187 | $8.9M | $160,232 | $463,559 |
| 2022 | 194 | $8.1M | $0 | $354,737 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE | Recordkeeper | $43,320 | — | $43,320 |
| PLANNED RETIREMENT CONSULTANTS & AD | Other Service Provider | $1,350 | $7,784 | $9,134 |
| FLAGSTAR ADVISORS INC | Investment Advisor | — | $7,784 | $7,784 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,238
- Estimated Expense Ratio: 0.677% 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 |
|---|---|---|---|---|---|
| 2023 | $47,324 | — | $47,324 | — | — |
| 2022 | $55,745 | — | $55,745 | — | — |