Plan Snapshot
- Plan Sponsor: Coastal Construction Group Of South Florida, INC. Dba Coastal Construc
- Sponsor EIN: 650802683
- Sponsor Address: 5959 WATERFORD DISTRICT DR STE 200, MIAMI, FL, 331262052
- Plan Type: 401(k)
- Total Participants: 441
- Total Assets: $49.9M
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 | 441 | $49.9M | $1.6M | $3.7M |
| 2023 | 416 | $42.6M | $1.3M | $3.1M |
| 2022 | 337 | $37.9M | $1.2M | $2.8M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $131,323 | — | $131,323 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISOR / INVESTMENT MGMT | $63,329 | — | $63,329 |
| CBIZ CPAS PC | AUDITOR | $32,550 | — | $32,550 |
| CBIZ CPAS | Auditor | $32,550 | — | $32,550 |
| BROWN & BROWN OF FLORIDA INC | INVESTMENT ADVISOR | $16,949 | — | $16,949 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $276,701
- Estimated Expense Ratio: 0.554% 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 | $244,151 | $80,278 | — | $32,550 | — |
| 2023 | $200,501 | $70,953 | — | $15,750 | — |
| 2022 | $208,835 | $155,077 | $48,758 | — | $5,000 |