Plan Snapshot
- Plan Sponsor: Brooks Tropicals, LLC
- Sponsor EIN: 743204606
- Sponsor Address: 18400 S.W. 256TH STREET, HOMESTEAD, FL, 330310160
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $11.5M
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 | 106 | $11.5M | $325,333 | $423,135 |
| 2023 | 107 | $10.0M | $327,440 | $420,319 |
| 2022 | 118 | $9.3M | $295,098 | $382,897 |
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 |
|---|---|---|---|---|
| DE LA HOZ, PEREZ & BARBEITO, PLLC | 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 | $92,460 | — | $92,460 | — | — |
| 2023 | $75,274 | $21,096 | $12,736 | — | — |
| 2022 | $76,677 | $75,122 | $1,555 | — | — |