Plan Snapshot
- Plan Sponsor: Indian River Transport Company
- Sponsor EIN: 593172232
- Sponsor Address: 2580 EXECUTIVE RD, WINTER HAVEN, FL, 33884
- Plan Type: 401(k)
- Total Participants: 435
- Total Assets: $5.6M
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 | 435 | $5.6M | $156,317 | $511,115 |
| 2023 | 412 | $5.0M | $177,792 | $513,632 |
| 2022 | 371 | $3.9M | $179,560 | $558,200 |
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 |
|---|---|---|---|---|
| PEARCE FINANCIAL | ADVISOR | $17,317 | — | $17,317 |
| FIDELITY INVESTMENTS | RECORDKEEPER | $14,285 | — | $14,285 |
| BRIMER, BUREK & KEELAN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,602
- Estimated Expense Ratio: 0.560% 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 | $39,158 | — | $39,158 | — | — |
| 2023 | $33,292 | — | $33,292 | — | — |
| 2022 | $34,233 | — | $34,233 | — | — |