Plan Snapshot
- Plan Sponsor: Ortho Benefits Corp
- Sponsor EIN: 471797746
- Sponsor Address: 300 AVENUE OF THE CHAMPIONS, PALM BEACH GARDENS, FL, 33418
- Plan Type: 401(k)
- Total Participants: 300
- Total Assets: $13.2M
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 | 300 | $13.2M | $333,691 | $799,822 |
| 2023 | 184 | $11.6M | $441,519 | $998,827 |
| 2022 | 242 | $12.2M | $568,910 | $1.2M |
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 |
|---|---|---|---|---|
| TEMPLETON & COMPANY | Auditor | — | — | $0 |
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 | $104,215 | — | $104,215 | — | — |
| 2023 | $93,219 | — | $93,219 | — | — |
| 2022 | $109,076 | — | $109,076 | — | — |