Plan Snapshot
- Plan Sponsor: Advantage Benefits Company, LLC
- Sponsor EIN: 205370591
- Sponsor Address: 1615 S FEDERAL HWY STE 300, BOCA RATON, FL, 334327468
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 312
- Total Assets: $6.6M
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. |
|---|---|---|---|---|
| 2025 | 312 | $6.6M | $0 | $0 |
| 2024 | 526 | $6.0M | $61,953 | $465,178 |
| 2023 | 327 | $5.7M | $107,655 | $636,243 |
| 2022 | 524 | $4.4M | $64,165 | $895,541 |
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 | $12,922 | — | $12,922 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,922
- Estimated Expense Ratio: 0.196% 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 |
|---|---|---|---|---|---|
| 2025 | $827,272 | $1,206 | — | — | — |
| 2024 | $6,044 | $1,333 | — | — | — |
| 2023 | $3,771 | $1,227 | — | — | — |
| 2022 | $2,362 | $681 | — | — | — |