Plan Snapshot
- Plan Sponsor: Palm Beach Maritime Museum, INC.
- Sponsor EIN: 591540474
- Sponsor Address: 1518 WEST LANTANA ROAD, LANTANA, FL, 33462
- Plan Type: 403(b)
- Total Participants: 58
- Total Assets: $1.4M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 58 | $1.4M | $132,318 | $220,612 |
| 2023 | 106 | $1.2M | $49,529 | $129,028 |
| 2022 | 143 | $982,410 | $40,488 | $114,796 |
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 |
|---|---|---|---|---|
| DIVINE BLALOCK MARTIN SELLARI | 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 | $43,485 | — | $31,846 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $438 | — | — | — | $438 |