Plan Snapshot
- Plan Sponsor: Motionpoint Corporation Fsa
- Sponsor EIN: 651047909
- Sponsor Address: 4661 JOHNSON ROAD, COCONUT CREEK, FL, 33073
- Plan Type: 401(k)
- Total Participants: 81
- Total Assets: $11.3M
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 | 81 | $11.3M | $337,021 | $714,949 |
| 2023 | 92 | $11.4M | $351,150 | $752,461 |
| 2022 | 102 | $10.3M | $370,838 | $730,838 |
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 |
|---|---|---|---|---|
| BENCHMARK FINANCIAL WEALTH ADVISORS | INVESTMENT/FINANCIAL ADVI | $37,524 | — | $37,524 |
| ADP, INC. | RECORD KEEPER | $11,793 | — | $11,793 |
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENCHMARK FINANCIAL WEALTH ADVISORS — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,317
- Estimated Expense Ratio: 0.438% 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 | $49,276 | $37,525 | — | — | — |
| 2023 | $47,697 | $36,279 | — | — | — |
| 2022 | $48,610 | — | — | — | — |