Plan Snapshot
- Plan Sponsor: Financial Information Technologies, LLC
- Sponsor EIN: 650152732
- Sponsor Address: 3109 W. DR. MARTIN LUTHER KING JR B, TAMPA, FL, 33607
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $23.7M
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 | 247 | $23.7M | $1.2M | $1.7M |
| 2023 | 178 | $18.1M | $1.1M | $1.4M |
| 2022 | 143 | $14.2M | $921,530 | $1.2M |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
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 | $73,254 | $45,996 | $13,570 | — | — |
| 2023 | $57,328 | $34,705 | $10,666 | — | — |
| 2022 | $59,460 | $29,119 | $22,341 | — | $8,000 |