Plan Snapshot
- Plan Sponsor: Searcy Denney Scarola Barnhart & Shipley, PA
- Sponsor EIN: 591720203
- Sponsor Address: 2139 PALM BEACH LAKES BLVD., WEST PALM BEACH, FL, 33409
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $74.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 149 | $74.2M | $2.9M | $822,876 |
| 2023 | 150 | $65.5M | $2.9M | $898,993 |
| 2022 | 152 | $57.9M | $0 | $770,714 |
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 |
|---|---|---|---|---|
| BDO USA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA LLP — Auditor
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 | $112,502 | $66,901 | — | — | — |
| 2023 | $130,734 | $89,867 | — | — | — |
| 2022 | $63,882 | $16,945 | $46,937 | — | — |