Plan Snapshot
- Plan Sponsor: Policy Services Company LLC
- Sponsor EIN: 471749958
- Sponsor Address: 11575 HERON BAY BLVD., CORAL SPRINGS, FL, 33076
- Plan Type: DC
- Total Participants: 330
- Total Assets: $5.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 330 | $5.8M | $0 | $962,322 |
| 2023 | 248 | $4.4M | $0 | $673,936 |
| 2022 | 228 | $3.4M | $0 | $396,434 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $36,509 | — | $36,509 |
| MML INVESTORS SERVICES LLC | INVESTMENT ADVISORY | — | $18,751 | $18,751 |
| ASSOCIATED PENSION CONSULTANTS | CONTRACT ADMINISTRATOR | $4,061 | $1,600 | $5,661 |
| CITRIN COOPERMAN & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,921
- Estimated Expense Ratio: 1.046% 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 | $40,570 | — | $40,570 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $25,974 | $24,297 | $1,677 | — | — |