Plan Snapshot
- Plan Sponsor: Polen Capital Management, L.L.C.
- Sponsor EIN: 260319356
- Sponsor Address: 1825 NW CORPORATE BLVD., BOCA RATON, FL, 334318559
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $76.4M
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 | 220 | $76.4M | $5.3M | $4.0M |
| 2023 | 217 | $66.5M | $2.4M | $3.6M |
| 2022 | 193 | $27.6M | $2.9M | $2.4M |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $20,433 | — | $20,433 | — | — |
| 2023 | $13,295 | — | $13,295 | — | — |
| 2022 | $18,948 | — | $18,948 | — | — |