Plan Snapshot
- Plan Sponsor: Indelible Management Solutions, INC.
- Sponsor EIN: 881443733
- Sponsor Address: 841 PRUDENTIAL DRIVE, JACKSONVILLE, FL, 32207
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 102 | $3.5M | $386,134 | $628,839 |
| 2023 | 157 | $2.7M | $524,263 | $850,016 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $39,234 | — | $39,234 |
| ECONOMIC GROUP PENSION SERVICES INC | Recordkeeper | $8,700 | $1,516 | $10,216 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $7,027 | $5 | $7,032 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,482
- Estimated Expense Ratio: 1.599% 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 | $55,111 | $2,444 | $48,084 | — | — |
| 2023 | $29,413 | $29,413 | — | — | — |