Plan Snapshot
- Plan Sponsor: Software Brokers Of America, INC
- Sponsor EIN: 650083438
- Sponsor Address: 10310 NW 121ST WAY SUITE 100, MEDLEY, FL, 33178
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $19.0M
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 | 210 | $19.0M | $525,430 | $941,750 |
| 2023 | 209 | $16.3M | $524,495 | $914,354 |
| 2022 | 202 | $13.4M | $478,125 | $842,743 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, 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 | $69,773 | $36,725 | — | — | — |
| 2023 | $34,778 | $19,495 | — | — | — |
| 2022 | $6,139 | — | — | — | — |