Plan Snapshot
- Plan Sponsor: City National Bank Of Florida
- Sponsor EIN: 591297458
- Sponsor Address: 100 SE 2ND STREET, MIAMI, FL, 33131
- Plan Type: 401(k)
- Total Participants: 977
- Total Assets: $109.5M
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. |
|---|---|---|---|---|
| 2024 | 977 | $109.5M | $4.9M | $7.6M |
| 2023 | 918 | $95.2M | $5.4M | $8.2M |
| 2022 | 1,058 | $76.9M | $4.9M | $7.4M |
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 |
|---|---|---|---|---|
| GERSON PRESTON KLEIN LIPS EISENBERG | 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 | $147,052 | $24,199 | — | — | — |
| 2023 | $130,548 | $19,904 | $600 | — | — |
| 2022 | $120,146 | $18,091 | — | — | — |