Plan Snapshot
- Plan Sponsor: First Florida Constructors, LLC
- Sponsor EIN: 453176203
- Sponsor Address: 6555 NE 4TH AVENUE, MIAMI, FL, 33138
- Plan Type: DC
- Plan Number: 001
- Total Participants: 110
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 110 | $12.3M | $0 | $0 |
| 2024 | 109 | $9.8M | $1.1M | $0 |
| 2023 | 125 | $7.9M | $948,094 | $0 |
| 2022 | 129 | $6.4M | $960,428 | $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 |
|---|---|---|---|---|
| CBIZ FINANCIAL SOLUTIONS INC | Investment Advisor | — | $19,171 | $19,171 |
| CBIZ BENEFITS & INS SERVICES INC | Other Service Provider | $2,250 | $8,674 | $10,924 |
| EMPOWER ADVISORY GROUP LLC | Investment Advisor | $7,943 | — | $7,943 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,038
- Estimated Expense Ratio: 0.310% 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 |
|---|---|---|---|---|---|
| 2025 | $290,294 | $7,943 | $2,250 | — | — |
| 2024 | $9,519 | $6,334 | $1,750 | — | — |
| 2023 | $9,463 | $5,478 | $2,250 | — | — |
| 2022 | $337,463 | — | — | — | — |