Plan Snapshot
- Plan Sponsor: Family Resource Center
- Sponsor EIN: 591788265
- Sponsor Address: 1393 SW 1ST ST, MIAMI, FL, 331352321
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 120
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 120 | $4.4M | $0 | $216,978 |
| 2023 | 125 | $3.9M | $94,911 | $237,392 |
| 2022 | 122 | $3.3M | $180,772 | $225,570 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $1,714 | — | — | — | — |
| 2023 | $1,060 | — | — | — | — |
| 2022 | $1,089 | — | — | — | — |