Plan Snapshot
- Plan Sponsor: People'S Trust Insurance Co.
- Sponsor EIN: 261716465
- Sponsor Address: 18 PEOPLE'S TRUST WAY, DEERFIELD BEACH, FL, 33441
- Plan Type: 401(k)
- Total Participants: 312
- Total Assets: $19.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 312 | $19.9M | $334,821 | $1.7M |
| 2023 | 395 | $17.6M | $442,592 | $1.8M |
| 2022 | 343 | $15.0M | $379,634 | $1.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $79,388 | — | $79,388 |
| PREFERRED PRODUCT NETWORK INC | BROKER/ADVISER | — | $35,032 | $35,032 |
| THOMAS HOWELL FERFUSON P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THOMAS HOWELL FERFUSON P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $114,420
- Estimated Expense Ratio: 0.574% 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 | $81,029 | $1,641 | — | — | — |
| 2023 | $63,170 | — | — | — | — |
| 2022 | $69,713 | $51,572 | $18,092 | — | — |