Plan Snapshot
- Plan Sponsor: Fisher Island Community Association, INC.
- Sponsor EIN: 650004587
- Sponsor Address: ONE FISHER ISLAND DRIVE, FISHER ISLAND, FL, 33109
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $9.0M
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 | 231 | $9.0M | $347,159 | $568,328 |
| 2023 | 183 | $8.1M | $288,494 | $474,012 |
| 2022 | 176 | $6.9M | $272,502 | $446,273 |
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 | — | — | $0 |
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 | $28,243 | — | $28,243 | — | — |
| 2023 | $20,268 | — | $13,975 | $6,293 | — |
| 2022 | $10,941 | — | $10,941 | — | — |