Plan Snapshot
- Plan Sponsor: Intercredit Bank, N.A.
- Sponsor EIN: 592398789
- Sponsor Address: 396 ALHAMBRA CIRCLE, SUITE 250, CORAL GABLES, FL, 33134
- Plan Type: 401(k)
- Total Participants: 109
- Total Assets: $7.2M
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 | 109 | $7.2M | $211,567 | $435,045 |
| 2023 | 93 | $7.0M | $193,012 | $414,805 |
| 2022 | 81 | $6.6M | $171,137 | $407,426 |
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 |
|---|---|---|---|---|
| HACKER, JOHNSON & SMITH, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HACKER, JOHNSON & SMITH, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $46,068 | — | — | — | — |
| 2023 | $56,797 | — | $55,772 | — | — |
| 2022 | $54,310 | — | $53,535 | — | — |