Plan Snapshot
- Plan Sponsor: Signature Commercial Solutions, LLC
- Sponsor EIN: 650753698
- Sponsor Address: 200 W. CYPRESS CREEK ROAD, FT. LAUDERDALE, FL, 33309
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 5,941
- Total Assets: $56.1M
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. |
|---|---|---|---|---|
| 2022 | 5,941 | $56.1M | $7,498 | $9.9M |
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 | Recordkeeper | $226,947 | — | $226,947 |
| NATIONAL SECURITIES CORPORATION | Other Service Provider | — | $59,734 | $59,734 |
| WELLS FARGO CLEARING SERVICES, LLC | Investment Advisor | $30,076 | — | $30,076 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $316,757
- Estimated Expense Ratio: 0.565% 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 |
|---|---|---|---|---|---|
| 2022 | $257,023 | $30,076 | $226,947 | — | — |