Plan Snapshot
- Plan Sponsor: Edsa, INC.
- Sponsor EIN: 591265229
- Sponsor Address: 1512 EAST BROWARD, SUITE 110, FT. LAUDERDALE, FL, 33301
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $42.0M
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 | 156 | $42.0M | $596,529 | $1.8M |
| 2023 | 165 | $33.5M | $478,314 | $1.7M |
| 2022 | 140 | $25.3M | $530,700 | $1.4M |
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 |
|---|---|---|---|---|
| NFP | Investment Advisor | $141,976 | — | $141,976 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,321 | — | $5,321 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,297
- Estimated Expense Ratio: 0.350% 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 | $80,522 | $147,297 | — | — | — |
| 2023 | $25,709 | $70,786 | — | — | — |
| 2022 | $49,173 | $4,240 | — | — | — |