Plan Snapshot
- Plan Sponsor: Security First Managers LLC
- Sponsor EIN: 753176413
- Sponsor Address: 1001 BROADWAY AVE, ORMOND BEACH, FL, 32174
- Plan Type: 401(k)
- Total Participants: 388
- Total Assets: $19.1M
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 | 388 | $19.1M | $881,966 | $2.0M |
| 2023 | 421 | $16.7M | $868,928 | $1.8M |
| 2022 | 472 | $13.8M | $1.0M | $1.7M |
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 |
|---|---|---|---|---|
| HOWELL FERGUSON, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOWELL FERGUSON, PA — 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 | $108,692 | $73,633 | $35,059 | — | — |
| 2023 | $94,821 | $75,676 | $19,145 | — | — |
| 2022 | $89,589 | $66,890 | $22,699 | — | — |