Plan Snapshot
- Plan Sponsor: Fisher Island Club, INC.
- Sponsor EIN: 650363916
- Sponsor Address: ONE FISHER ISLAND DRIVE, MIAMI, FL, 33109
- Plan Type: 401(k)
- Total Participants: 367
- Total Assets: $16.5M
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 | 367 | $16.5M | $561,149 | $879,686 |
| 2023 | 367 | $14.2M | $547,961 | $920,614 |
| 2022 | 278 | $12.1M | $446,092 | $755,600 |
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 |
|---|---|---|---|---|
| CHERRY BEKART LLP | Auditor | $12,600 | — | $12,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,600
- Estimated Expense Ratio: 0.076% 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 | $31,554 | $6,579 | $10,775 | $12,600 | — |
| 2023 | $39,058 | — | $11,475 | $13,741 | — |
| 2022 | $45,961 | — | $45,961 | — | — |