Plan Snapshot
- Plan Sponsor: Southwest Florida Enterprises, INC.
- Sponsor EIN: 591263670
- Sponsor Address: 866 PONCE DE LEON BLVD, CORAL GABLES, FL, 331343039
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $12.3M
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 | 227 | $12.3M | $107,822 | $502,312 |
| 2023 | 219 | $11.2M | $130,928 | $589,509 |
| 2022 | 442 | $11.1M | $241,940 | $965,119 |
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 | $44,602 | — | $44,602 |
| DE LA HOZ, PEREZ, & BARBEITO, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,602
- Estimated Expense Ratio: 0.362% 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 | $44,603 | — | $44,603 | — | — |
| 2023 | $14,233 | — | $14,233 | — | — |
| 2022 | $10,510 | — | $10,510 | — | — |