Plan Snapshot
- Plan Sponsor: Arc Broward, INC.
- Sponsor EIN: 590809623
- Sponsor Address: 10250 NW 53 ST, SUNRISE, FL, 33351
- Plan Type: 403(b)
- Total Participants: 381
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 381 | $6.0M | $152,548 | $510,527 |
| 2023 | 339 | $6.0M | $109,276 | $389,185 |
| 2022 | 370 | $5.9M | $106,439 | $395,578 |
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 |
|---|---|---|---|---|
| ANTHONY BRUNSON P.A. | 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 | $18,425 | — | $18,425 | — | — |
| 2023 | $530 | — | $530 | — | — |
| 2022 | $665 | — | $665 | — | — |