Plan Snapshot
- Plan Sponsor: Borrell Electric Co., INC.
- Sponsor EIN: 593365401
- Sponsor Address: 3601 NORTH NEBRASKA AVENUE, TAMPA, FL, 336035011
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $12.6M
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 | 156 | $12.6M | $197,874 | $505,872 |
| 2023 | 180 | $10.6M | $103,091 | $517,029 |
| 2022 | 197 | $9.2M | $90,368 | $522,158 |
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 |
|---|---|---|---|---|
| PRIDA, GUIDA & PEREZ, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRIDA, GUIDA & PEREZ, P.A. — Auditor
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 | $58,286 | $19,754 | — | — | — |
| 2023 | $42,069 | $16,504 | — | $15,000 | — |
| 2022 | $32,242 | — | $32,242 | — | — |