Plan Snapshot
- Plan Sponsor: Eac Consulting, INC.
- Sponsor EIN: 650519739
- Sponsor Address: 5959 WATERFORD DISTRICT DRIVE, MIAMI, FL, 33126
- Plan Type: 401(k)
- Total Participants: 78
- Total Assets: $10.0M
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. |
|---|---|---|---|---|
| 2024 | 78 | $10.0M | $338,013 | $671,529 |
| 2023 | 76 | $8.5M | $194,829 | $522,736 |
| 2022 | 73 | $7.3M | $138,211 | $455,071 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $36,536 | — | $36,536 |
| DEFINITI LLC | Other Service Provider | $4,564 | $4,388 | $8,952 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,488
- Estimated Expense Ratio: 0.456% 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 | $70,992 | $5,361 | $156 | — | — |
| 2023 | $56,884 | $2,916 | $192 | — | — |
| 2022 | $43,641 | $22,526 | $6,311 | — | — |