Plan Snapshot
- Plan Sponsor: Lifesouth Community Blood Centers INC.
- Sponsor EIN: 591545914
- Sponsor Address: 4039 W NEWBERRY RD, GAINESVILLE, FL, 326072342
- Plan Type: DC
- Plan Number: 001
- Total Participants: 597
- Total Assets: $28.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 597 | $28.5M | $2.2M | $0 |
| 2023 | 547 | $26.0M | $2.2M | $0 |
| 2022 | 521 | $21.9M | $1.8M | $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 |
|---|---|---|---|---|
| NFP RETIREMENT | Investment Advisor | $27,232 | — | $27,232 |
| ECONOMIC GROUP PENSION SERVICES | Recordkeeper | — | $12,287 | $12,287 |
| NFP RETIREMENT | Other Service Provider | $9,648 | — | $9,648 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,167
- Estimated Expense Ratio: 0.172% 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 | $75,699 | $44,324 | $30,325 | — | — |
| 2023 | $58,506 | $37,855 | $19,145 | — | — |
| 2022 | $75,048 | $75,048 | — | — | — |