Plan Snapshot
- Plan Sponsor: Ocean Reef Community Association, INC.
- Sponsor EIN: 591747816
- Sponsor Address: 24 DOCKSIDE LANE NO. 505, KEY LARGO, FL, 33037
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $14.8M
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 | 113 | $14.8M | $544,740 | $801,183 |
| 2023 | 115 | $12.0M | $496,294 | $749,811 |
| 2022 | 122 | $11.0M | $415,439 | $650,311 |
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 |
|---|---|---|---|---|
| CARON & BLETZER,PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER,PLLC — 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 | $99,080 | — | $99,080 | — | — |
| 2023 | $79,145 | $33,122 | $21,579 | — | — |
| 2022 | — | — | — | — | — |