Plan Snapshot
- Plan Sponsor: Frankcrum 11, INC.
- Sponsor EIN: 592626531
- Sponsor Address: 100 SOUTH MISSOURI AVE, CLEARWATER, FL, 33756
- Plan Type: 401(k)
- Total Participants: 8,562
- Total Assets: $205.6M
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 | 8,562 | $205.6M | $8.4M | $21.5M |
| 2023 | 9,194 | $159.8M | $6.6M | $18.0M |
| 2022 | 8,177 | $121.2M | $5.6M | $15.2M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | Auditor | $25,000 | — | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.012% 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 | $1,448,985 | $334,534 | — | $25,000 | — |
| 2023 | $982,645 | $189,535 | $792,860 | — | — |
| 2022 | $848,704 | $152,869 | $673,023 | — | $22,812 |