Plan Snapshot
- Plan Sponsor: Foundation Partners Group, LLC
- Sponsor EIN: 272399927
- Sponsor Address: 369 NORTH NEW YORK AVENUE, WINTER PARK, FL, 32789
- Plan Type: 401(k)
- Total Participants: 1,417
- Total Assets: $31.6M
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 | 1,417 | $31.6M | $6,157 | $4.2M |
| 2023 | 1,246 | $27.3M | $1.9M | $3.9M |
| 2022 | 1,251 | $20.4M | $1.8M | $3.6M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $35,175 | — | $35,175 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,175
- Estimated Expense Ratio: 0.111% 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 | $271,374 | $88,996 | $16,264 | $35,175 | — |
| 2023 | $194,504 | — | — | — | — |
| 2022 | $176,338 | — | $176,338 | — | — |