Plan Snapshot
- Plan Sponsor: Scotlynn Usa Division, INC.
- Sponsor EIN: 272104137
- Sponsor Address: 9597 GULF RESEARCH LANE, FORT MYERS, FL, 33912
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $12.6M
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 | 286 | $12.6M | $741,566 | $1.7M |
| 2023 | 344 | $9.7M | $707,192 | $1.7M |
| 2022 | 228 | $6.4M | $640,547 | $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 |
|---|---|---|---|---|
| HBKS WEALTH ADVISORS | NONE | $49,788 | — | $49,788 |
| ASCENSUS LLC | NONE | $38,879 | — | $38,879 |
| HSC/TUSCAN & COMPANY, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HSC/TUSCAN & COMPANY, PA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,667
- Estimated Expense Ratio: 0.701% 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 | $88,667 | $49,788 | $38,879 | — | — |
| 2023 | $67,360 | $42,489 | $24,871 | — | — |
| 2022 | $48,642 | $31,112 | $17,530 | — | — |