Plan Snapshot
- Plan Sponsor: Contemporary Management Concepts, Lllp
- Sponsor EIN: 592446722
- Sponsor Address: 4711 NW 53RD AVENUE, GAINESVILLE, FL, 32653
- Plan Type: 401(k)
- Total Participants: 94
- Total Assets: $3.7M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 94 | $3.7M | $120,829 | $304,378 |
| 2023 | 81 | $3.3M | $111,700 | $275,471 |
| 2022 | 100 | $2.8M | $117,501 | $265,654 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS, P.C. | Auditor | $12,300 | — | $12,300 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,300
- Estimated Expense Ratio: 0.334% 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 | $48,995 | $20,527 | $4,771 | $12,300 | — |
| 2023 | $45,096 | $20,069 | $6,818 | $18,209 | — |
| 2022 | $22,975 | — | — | — | $22,975 |