Plan Snapshot
- Plan Sponsor: Detwilers Operations INC.
- Sponsor EIN: 472740643
- Sponsor Address: 7425 16TH STREET E, SARASOTA, FL, 34243
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 633
- Total Assets: $10.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 633 | $10.6M | $0 | $0 |
| 2024 | 638 | $7.9M | $534,812 | $905,496 |
| 2023 | 475 | $6.1M | $403,777 | $656,863 |
| 2022 | 417 | $4.4M | $345,549 | $593,057 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SVCS | Other Service Provider | $37,365 | — | $37,365 |
| POWER FINANCIAL PARTNERS | Other Service Provider | $20,645 | — | $20,645 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,010
- Estimated Expense Ratio: 0.549% 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 | $629,105 | $21,954 | $36,055 | — | — |
| 2024 | $44,163 | $16,200 | $27,963 | — | — |
| 2023 | $35,179 | $14,582 | $20,597 | — | — |
| 2022 | $42,160 | $22,566 | $19,594 | — | — |