Plan Snapshot
- Plan Sponsor: Roy Hinman, Md Dba Island Doctors
- Sponsor EIN: 593112273
- Sponsor Address: 100 ARRICOLA AVE, ST. AUGUSTINE, FL, 32080
- Plan Type: 401(k)
- Total Participants: 326
- Total Assets: $8.3M
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 | 326 | $8.3M | $102,544 | $790,199 |
| 2023 | 435 | $7.3M | $128,395 | $942,841 |
| 2022 | 387 | $5.6M | $120,278 | $865,693 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $1,125 | — | $1,125 | — | — |
| 2023 | $550 | — | $550 | — | — |
| 2022 | $325 | $325 | — | — | — |