Plan Snapshot
- Plan Sponsor: Southeast Milk, INC.
- Sponsor EIN: 590769519
- Sponsor Address: 1950 S.E. HIGHWAY 484, BELLEVIEW, FL, 34420
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 114
- Total Assets: $7.6M
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. |
|---|---|---|---|---|
| 2023 | 114 | $7.6M | $255,186 | $558,670 |
| 2022 | 254 | $8.2M | $315,025 | $622,942 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $29,236 | — | $29,236 |
| SAGEVIEW ADVISORY GROUP LLC | Investment Advisor | $20,733 | — | $20,733 |
| DUGGAN JOINER & COMPANY LLC | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP LLC — Investment Advisor
- DUGGAN JOINER & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,969
- Estimated Expense Ratio: 0.854% 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 |
|---|---|---|---|---|---|
| 2023 | $66,675 | $24,257 | $26,668 | — | — |
| 2022 | $33,717 | — | — | — | — |