Plan Snapshot
- Plan Sponsor: First Florida Credit Union
- Sponsor EIN: 590705380
- Sponsor Address: 500 W 1ST STREET, JACKSONVILLE, FL, 322023939
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $22.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 202 | $22.8M | $979,658 | $1.2M |
| 2023 | 208 | $20.3M | $883,365 | $1.1M |
| 2022 | 199 | $17.4M | $788,930 | $938,385 |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — 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 | $54,256 | $16,105 | $38,151 | — | — |
| 2023 | $78,778 | — | $78,147 | — | — |
| 2022 | $109,213 | — | $109,213 | — | — |