# Fiber Optic Communications, INC. DC Plan
Source: https://planprovider.pro/companies/fiber-optic-communications-inc-plan

> Fiber Optic Communications, INC.'s DC plan: 53 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Fiber Optic Communications, INC.

- **Sponsor EIN:** 581861428

- **Sponsor Address:** 2401 AIMWELL ROAD, VIDALIA, GA, 30474

- **Plan Type:** DC

- **Total Participants:** 53

- **Total Assets:** $2.7M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|53|$2.7M|$0|$0|

| 2023|53|$2.5M|$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|

| DRAFFIN-TUCKER LLP|Auditor|$23,500|—|$23,500|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DRAFFIN-TUCKER LLP](https://planprovider.pro/provider/draffin-and-tucker) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $23,500

- **Estimated Expense Ratio:** 0.880% 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|$23,724|—|—|$23,500|—|

| 2023|—|—|—|—|—|

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