Plan Snapshot
- Plan Sponsor: Mid Florida Community Services, INC. 403(B) Thrift Plan
- Sponsor EIN: 591235202
- Sponsor Address: 820 KENNEDY BLVD., BROOKSVILLE, FL, 346015704
- Plan Type: 403(b)
- Total Participants: 328
- Total Assets: $10.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 328 | $10.2M | $908,854 | $333,516 |
| 2023 | 320 | $9.7M | $874,123 | $309,506 |
| 2022 | 315 | $8.7M | $810,888 | $319,131 |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | Auditor | $12,500 | — | $12,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,500
- Estimated Expense Ratio: 0.123% 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 | $50,849 | $20,860 | $10,820 | $12,500 | — |
| 2023 | $33,343 | $18,338 | $8,952 | — | — |
| 2022 | $45,289 | $27,444 | $17,845 | — | — |