Plan Snapshot
- Plan Sponsor: A.B. Property Services, INC. Dba Happy Floors
- Sponsor EIN: 592763281
- Sponsor Address: 18000 NE 5TH AVE, MIAMI, FL, 33162
- Plan Type: 401(k)
- Total Participants: 376
- Total Assets: $10.0M
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 | 376 | $10.0M | $744,252 | $1.5M |
| 2023 | 373 | $7.7M | $732,977 | $1.5M |
| 2022 | 301 | $6.0M | $421,018 | $849,458 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $7,686 | — | $7,686 |
| HARDING, SHYMANSKI & COMPANY, PSC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- HARDING, SHYMANSKI & COMPANY, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,686
- Estimated Expense Ratio: 0.077% 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 | $12,597 | $4,911 | — | — | — |
| 2023 | $8,224 | $2,428 | — | — | — |
| 2022 | $5,709 | $731 | — | — | — |