Plan Snapshot
- Plan Sponsor: Facility Contract Services
- Sponsor EIN: 901024461
- Sponsor Address: 8300 S PALM DR, PEMBROKE PINES, FL, 330254534
- Plan Type: 401(k)
- Total Participants: 362
- Total Assets: $5.0M
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 | 362 | $5.0M | $122,248 | $550,329 |
| 2023 | 367 | $3.9M | $88,973 | $415,689 |
| 2022 | 339 | $3.1M | $101,325 | $376,451 |
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 | INVESTMENT ADVISORY PLAN | $9,301 | — | $9,301 |
| PAYCHEX, INC. | RECORDKEEPER | $6,609 | — | $6,609 |
| MARTIN & ASSOCIATES, PL | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,910
- Estimated Expense Ratio: 0.321% 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 | $16,747 | $9,301 | $6,486 | — | — |
| 2023 | $6,888 | — | — | — | — |
| 2022 | $2,724 | — | $2,724 | — | — |