Plan Snapshot
- Plan Sponsor: Ben Hill Griffin INC
- Sponsor EIN: 590585518
- Sponsor Address: PO BOX 127, FROSTPROOF, FL, 338430127
- Plan Type: DC
- Total Participants: 128
- Total Assets: $34.3M
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 | 128 | $34.3M | $515,476 | $0 |
| 2023 | 138 | $32.6M | $523,315 | $0 |
| 2022 | 153 | $29.7M | $509,442 | $0 |
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 |
|---|---|---|---|---|
| STERLING CAPITAL MANAGEMENT | INVESTMENT MANAGER | $63,400 | — | $63,400 |
| TRUIST FINANCIAL CORPORATION | TRUSTEE/CUSTODIAN | $35,864 | — | $35,864 |
| WALL TITUS LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,264
- Estimated Expense Ratio: 0.289% 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 | $99,264 | $99,264 | — | — | — |
| 2023 | $115,795 | $115,795 | — | — | — |
| 2022 | $129,861 | $129,861 | — | — | — |