# Senior Management Advisors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/senior-management-advisors-inc-401k-plan-002

> Senior Management Advisors, INC.'s 401(k) plan: 699 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Senior Management Advisors, INC.

- **Sponsor EIN:** 593760379

- **Sponsor Address:** 13770 58TH STREET N, SUITE 312, CLEARWATER, FL, 33760

- **Plan Type:** 401(k)

- **Total Participants:** 699

- **Total Assets:** $6.7M

## 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|699|$6.7M|$182,064|$536,631|

| 2023|477|$5.8M|$133,108|$568,742|

## 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|$70,874|—|$70,874|

| S B H U LIFE AGENCY INC|OTHER SERVICES|—|$20,970|$20,970|

| MALONEY + NOVOTNY|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [S B H U LIFE AGENCY INC](https://planprovider.pro/provider/morgan-stanley) — OTHER SERVICES

- [MALONEY + NOVOTNY](https://planprovider.pro/provider/maloney-novotny-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $91,844

- **Estimated Expense Ratio:** 1.363% 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|$74,972|—|$74,972|—|—|

| 2023|$46,070|—|$46,070|—|—|

## Similar Plans

- [Prh Investments LLC Dba The Related Group](https://planprovider.pro/companies/prh-investments-llc-dba-the-related-group-401k-plan) — 752 participants

- [Daily Management, INC.](https://planprovider.pro/companies/daily-management-401-k-profit-sharing-plan-401k-plan) — 640 participants

- [The Kolter Group LLC](https://planprovider.pro/companies/the-kolter-group-llc-401k-plan) — 628 participants

- [Vacation Rental Pros Property Management LLC](https://planprovider.pro/companies/vacation-rental-pros-property-ma-plan) — 462 participants

- [Miami Management INC](https://planprovider.pro/companies/miami-management-inc-401k-plan) — 456 participants

- [Bainbridge Communities Management, LLC](https://planprovider.pro/companies/bainbridge-communities-management-llc-401k-plan) — 450 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/senior-management-advisors-inc-401k-plan-002)

© 2026 PlanProvider.Pro