Plan Snapshot
- Plan Sponsor: Bethel Farms, Lllp
- Sponsor EIN: 650591113
- Sponsor Address: 8780 NW BETHEL FARMS ROAD, ARCADIA, FL, 34266
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $5.6M
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. |
|---|---|---|---|---|
| 2024 | 139 | $5.6M | $227,182 | $463,811 |
| 2023 | 144 | $5.6M | $234,189 | $484,934 |
| 2022 | 83 | $4.4M | $236,360 | $470,143 |
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 |
|---|---|---|---|---|
| SUPLEE,SHEA,CRAMER & MILLER, P.A. | Auditor | $6,988 | — | $6,988 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,988
- Estimated Expense Ratio: 0.125% 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 | $56,198 | $10,542 | — | $6,988 | — |
| 2023 | $44,924 | $8,191 | — | $5,865 | — |
| 2022 | $49,702 | $17,137 | $32,565 | — | — |