# Florida Multiemployer 401(K) Plan 401(k) Plan
Source: https://planprovider.pro/companies/florida-multiemployer-401-k-plan-401k-plan

> Florida Multiemployer 401(K) Plan&#39;s 401(k) plan: 1,023 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Florida Multiemployer 401(K) Plan

- **Sponsor EIN:** 593483551

- **Sponsor Address:** P.O. BOX 1449, GOODLETTSVILLE, TN, 37070

- **Plan Type:** 401(k)

- **Total Participants:** 1,023

- **Total Assets:** $27.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|1,023|$27.3M|$113,003|$217,275|

| 2023|1,041|$26.8M|$138,058|$188,336|

| 2022|691|$24.6M|$135,858|$205,898|

## 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|

| EMPOWER ANNUITY INSURANCE CO. OF AM|RECORDKEEPER|$167,260|—|$167,260|

| GLOBAL RETIREMENT PARTNERS LLC|INV. ADVISOR|$51,286|—|$51,286|

| SOUTHERN BENEFITS ADMINISTRATOR|ADMINISTRATOR|$29,816|—|$29,816|

| LAPADULA CARLSON & CO.|ACCOUNTANT|$18,743|—|$18,743|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LAPADULA CARLSON & CO.](https://planprovider.pro/provider/lapadula-carlson-co) — ACCOUNTANT

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $267,105

- **Estimated Expense Ratio:** 0.980% 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|

| 2024|$290,931|$228,886|$29,000|$18,743|—|

| 2023|$245,468|$193,686|$24,000|$17,600|—|

| 2022|$244,530|$193,686|$24,000|—|$20,064|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/florida-multiemployer-401-k-plan-401k-plan)

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