Plan Snapshot
- Plan Sponsor: Bank Of Central Florida
- Sponsor EIN: 208376899
- Sponsor Address: 5015 S FLORIDA AVENUE, LAKELAND, FL, 33801
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 91
- Total Assets: $22,709
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 91 | $22,709 | $1.3M | $27,760 |
| 2023 | 90 | $67,537 | $689,887 | $278,579 |
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 |
|---|---|---|---|---|
| ACENTRIA | Investment Advisor | $46,200 | — | $46,200 |
| THE BENECON GROUP | Investment Advisor | $21,923 | — | $21,923 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $9,328 | — | $9,328 |
| CONNECTCARE3 | Other Service Provider | $6,182 | — | $6,182 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,633
- Estimated Expense Ratio: 368.281% 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 | $1,365,161 | — | — | — | — |
| 2023 | $1,038,332 | — | — | — | — |