# Peoples First Properties, INC. 401(k) Plan
Source: https://planprovider.pro/companies/peoples-first-properties-inc-401k-plan

> Peoples First Properties, INC.'s 401(k) plan: 884 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Peoples First Properties, INC.

- **Sponsor EIN:** 593020789

- **Sponsor Address:** 1022 W. 23RD STREET, PANAMA CITY, FL, 32405

- **Plan Type:** 401(k)

- **Total Participants:** 884

- **Total Assets:** $21.1M

## 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|884|$21.1M|$2.1M|$2.0M|

| 2023|1,218|$18.1M|$900,691|$1.7M|

| 2022|1,017|$15.2M|$0|$1.5M|

## 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|

| TARWATER & COMPANY, PSC|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|$124,311|$30,043|$94,268|—|—|

| 2023|$98,113|$8,032|$76,705|—|—|

| 2022|$79,039|$4,204|$49,571|—|$7,007|

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