Plan Snapshot
- Plan Sponsor: Intercruises Shoreside & Port Services, INC.
- Sponsor EIN: 263996323
- Sponsor Address: 1800 ELLER DRIVE, FORT LAUDERDALE, FL, 33316
- Plan Type: 401(k)
- Total Participants: 681
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 681 | $5.5M | $222,665 | $629,589 |
| 2023 | 676 | $4.9M | $210,828 | $607,260 |
| 2022 | 807 | $3.9M | $188,952 | $504,272 |
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 | CONTRACT ADMINISTRATOR | $60,985 | — | $60,985 |
| PRINCIPAL SECURITIES, INC | OTHER SERVICES | — | $17,546 | $17,546 |
| PURVIS, GRAY AND CO LLP | ACCOUNTANT | $9,900 | — | $9,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,431
- Estimated Expense Ratio: 1.594% 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 | $70,885 | — | $60,985 | $9,900 | — |
| 2023 | $76,842 | $16,751 | $51,091 | $9,000 | — |
| 2022 | $43,781 | — | $43,781 | — | — |