Plan Snapshot
- Plan Sponsor: Florida Capital Bank, N.A.
- Sponsor EIN: 592475686
- Sponsor Address: 10151 DEERWOOD PARK BLVD BLDG. 100, JACKSONVILLE, FL, 32256
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $9.8M
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 | 130 | $9.8M | $154,926 | $636,512 |
| 2023 | 118 | $9.4M | $155,233 | $618,410 |
| 2022 | 135 | $8.8M | $239,776 | $724,951 |
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 |
|---|---|---|---|---|
| SALTMARSH, CLEAVELAND, & GUND | 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 | $51,327 | $23,654 | — | — | — |
| 2023 | $47,602 | $22,063 | — | — | — |
| 2022 | $51,270 | — | — | — | — |