Plan Snapshot
- Plan Sponsor: Florida Medical Specialists, LLC
- Sponsor EIN: 205283786
- Sponsor Address: 3844 BEE RIDGE RD, SARASOTA, FL, 34233
- Plan Type: 401(k)
- Total Participants: 441
- Total Assets: $17.7M
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 | 441 | $17.7M | $1.1M | $2.5M |
| 2023 | 370 | $13.6M | $1.0M | $2.2M |
| 2022 | 320 | $9.8M | $777,844 | $1.7M |
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 |
|---|---|---|---|---|
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — 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 | $127,474 | $98,550 | $28,924 | — | — |
| 2023 | $101,514 | $75,657 | $25,857 | — | — |
| 2022 | $82,318 | $62,543 | $19,775 | — | — |