Plan Snapshot
- Plan Sponsor: Central Florida Firearms
- Sponsor EIN: 471545335
- Sponsor Address: 4324 FORTUNE PL, WEST MELBOURNE, FL, 329041528
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 130
- Total Assets: $911,979
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 130 | $911,979 | $0 | $0 |
| 2024 | 88 | $910,445 | $98,374 | $166,574 |
| 2023 | 70 | $601,306 | $73,113 | $125,719 |
| 2022 | 67 | $264,081 | $64,401 | $108,836 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $7,152 | — | $7,152 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,152
- Estimated Expense Ratio: 0.784% 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 |
|---|---|---|---|---|---|
| 2025 | $442,596 | $4,962 | $8,209 | — | — |
| 2024 | $55,426 | — | — | — | — |
| 2023 | $23,440 | — | — | — | — |
| 2022 | $17,910 | — | — | — | — |