Plan Snapshot
- Plan Sponsor: Florida Independent College Fund
- Sponsor EIN: 591919098
- Sponsor Address: 542 E PARK AVENUE, TALLAHASSEE, FL, 32301
- Plan Type: 403(b)
- Total Participants: 327
- Total Assets: $23.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 327 | $23.2M | $686,650 | $888,817 |
| 2023 | 386 | $25.7M | $657,552 | $935,747 |
| 2022 | 296 | $16.7M | $408,840 | $388,096 |
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 |
|---|---|---|---|---|
| PLANCHECKCPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANCHECKCPAS — 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 | $170,020 | — | $54,223 | — | — |
| 2023 | $84,486 | — | $74,206 | — | — |
| 2022 | $29,203 | $20,602 | $1,946 | — | — |