Plan Snapshot
- Plan Sponsor: Palm Beach Orthopaedic Institute, P.A.
- Sponsor EIN: 650327403
- Sponsor Address: 4215 BURNS ROAD, PLAM BEACH GARDENS, FL, 33410
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $23.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 96 | $23.0M | $1.1M | $357,226 |
| 2023 | 79 | $21.0M | $1.0M | $451,880 |
| 2022 | 69 | $17.2M | $921,323 | $382,259 |
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 |
|---|---|---|---|---|
| HOLYFIELD THOMAS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLYFIELD THOMAS LLC — 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 | $96,438 | $896 | — | — | — |
| 2023 | $66,000 | — | $66,000 | — | — |
| 2022 | $70,596 | — | $70,596 | — | — |