Plan Snapshot
- Plan Sponsor: Frenvey, INC.
- Sponsor EIN: 591608829
- Sponsor Address: 155 S.E. COUNTRY CLUB ROAD, LAKE CITY, FL, 320562095
- Plan Type: DC
- Total Participants: 118
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 118 | $1.2M | $0 | $0 |
| 2023 | 115 | $1.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| JOY BASS, CPA | Auditor | $4,500 | — | $4,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,500
- Estimated Expense Ratio: 0.389% 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 | $23,126 | $5,940 | $12,585 | $4,500 | — |
| 2023 | $16,459 | $4,723 | $7,236 | — | $4,500 |