Plan Snapshot
- Plan Sponsor: Fam International Logistics, INC.
- Sponsor EIN: 270033884
- Sponsor Address: 2000 NW CORPORATE BOULEVARD, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 1,265
- Total Assets: $29.9M
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 | 1,265 | $29.9M | $3.0M | $5.3M |
| 2023 | 1,234 | $21.9M | $3.1M | $4.2M |
| 2022 | 1,205 | $6.3M | $1.2M | $1.9M |
| 2021 | 367 | $3.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $70,674 | — | $70,674 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $20,144 | — | $20,144 |
| WALSH AND DICKINSON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,818
- Estimated Expense Ratio: 0.304% 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 | $90,818 | $20,144 | — | — | — |
| 2023 | $65,828 | $22,194 | — | — | — |
| 2022 | $44,141 | $5,533 | $35,897 | — | — |
| 2021 | $9,601 | $7,651 | $1,950 | — | — |