Plan Snapshot
- Plan Sponsor: Flower City Group, INC.
- Sponsor EIN: 203200871
- Sponsor Address: 1725 MT. READ BLVD., ROCHESTER, NY, 14606
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $16.2M
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 | 171 | $16.2M | $337,844 | $1.2M |
| 2023 | 190 | $17.3M | $423,023 | $1.2M |
| 2022 | 223 | $17.6M | $309,454 | $1.2M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISOR | $43,076 | — | $43,076 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $36,194 | — | $36,194 |
| INSERO & CO.CPAS,LLP | Auditor | $3,250 | — | $3,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISOR
- INSERO & CO.CPAS,LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,520
- Estimated Expense Ratio: 0.508% 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 | $82,595 | — | $7,508 | $3,250 | — |
| 2023 | $95,668 | $40,657 | $38,507 | $16,000 | — |
| 2022 | $82,053 | $44,378 | $36,325 | — | $1,000 |