Plan Snapshot
- Plan Sponsor: Florida Bankers Health Consortium, INC
- Sponsor EIN: 822427358
- Sponsor Address: 1201 S ORLANDO AVE STE 450, WINTER PARK, FL, 327897129
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,105
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 3,105 | $1.5M | $0 | $0 |
| 2024 | 3,259 | $1.5M | $19.3M | $6.5M |
| 2023 | 2,220 | $2.1M | $18.7M | $7.3M |
| 2022 | 2,241 | $5.3M | $17.5M | $6.9M |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | $26,131 | — | $26,131 |
| HOLIFIELD LAW, PLLC | ERISA Attorney | $5,601 | — | $5,601 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,732
- Estimated Expense Ratio: 2.058% 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 | $29,220,475 | — | $77,810 | — | — |
| 2024 | $105,086 | — | $105,086 | — | — |
| 2023 | $193,018 | — | — | $42,433 | — |
| 2022 | $771,719 | — | $186,907 | — | $555,917 |