Plan Snapshot
- Plan Sponsor: Finemark National Bank & Trust
- Sponsor EIN: 208075599
- Sponsor Address: 8695 COLLEGE PARKWAY, SUITE 100, FORT MYERS, FL, 33919
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $40.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 282 | $40.6M | $1.5M | $3.0M |
| 2023 | 254 | $32.7M | $1.4M | $2.7M |
| 2022 | 236 | $24.3M | $1.2M | $2.4M |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,894 | — | $5,894 |
| EMPOWER ANNUITY INS. CO. OF AMERICA | RECORDKEEPER | $5,427 | — | $5,427 |
| HACKER, JOHNSON & SMITH, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HACKER, JOHNSON & SMITH, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,321
- Estimated Expense Ratio: 0.028% 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 | $4,165 | — | $4,165 | — | — |
| 2023 | $4,281 | — | $4,281 | — | — |
| 2022 | $7,553 | $7,553 | — | — | — |