Plan Snapshot
- Plan Sponsor: Plantation Sales, INC.
- Sponsor EIN: 592441916
- Sponsor Address: 707 N. STATE ROAD #7, PLANTATION, FL, 33317
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $9.2M
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 | 97 | $9.2M | $0 | $527,182 |
| 2023 | 172 | $7.8M | $0 | $574,148 |
| 2022 | 160 | $6.5M | $0 | $550,540 |
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 |
|---|---|---|---|---|
| CHARLES A. NICHOLS CPA, P.A. | 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 | $316,151 | — | $2,114 | — | — |
| 2023 | $460,188 | — | $2,112 | — | — |
| 2022 | $1,313 | $1,138 | — | — | — |