Plan Snapshot
- Plan Sponsor: Choice Employer Solutions, INC.
- Sponsor EIN: 202273417
- Sponsor Address: 9007 BRITTANY WAY, TAMPA, FL, 33619
- Plan Type: 401(k)
- Total Participants: 3,874
- Total Assets: $21.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 3,874 | $21.9M | $619,547 | $3.1M |
| 2023 | 4,021 | $23.4M | $700,959 | $3.2M |
| 2022 | 4,026 | $16.6M | $512,594 | $2.7M |
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 |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORP | NONE | $190,538 | — | $190,538 |
| BKS FINANCIAL INVESTMENTS LLC | NONE | $29,123 | — | $29,123 |
| CHARLES SCHWAB BANK | NONE | $5,968 | — | $5,968 |
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — NONE
- CHARLES SCHWAB BANK — NONE
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,629
- Estimated Expense Ratio: 1.032% 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 | $225,628 | $29,123 | $190,537 | — | — |
| 2023 | $214,168 | $29,982 | $78,541 | — | — |
| 2022 | $272,033 | $29,980 | $242,053 | — | — |