Plan Snapshot
- Plan Sponsor: Admiral Farragut Academy, INC.
- Sponsor EIN: 593038365
- Sponsor Address: 501 PARK STREET NORTH, ST. PETERSBURG, FL, 33701
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 122 | $10.3M | $198,110 | $299,538 |
| 2023 | 132 | $9.7M | $179,016 | $293,645 |
| 2022 | 118 | $8.9M | $176,588 | $305,960 |
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 |
|---|---|---|---|---|
| KELLY PARTNERS (FRS) ATTEST SERVICE | 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 | $29,482 | $9,873 | $19,609 | — | — |
| 2023 | $21,527 | $8,055 | $13,472 | — | — |
| 2022 | $20,684 | $17,644 | $3,040 | — | — |