Plan Snapshot
- Plan Sponsor: Spring Arbor Management, LLC
- Sponsor EIN: 843550203
- Sponsor Address: 420 S ORANGE AVENUE SUITE 400, ORLANDO, FL, 32801
- Plan Type: 401(k)
- Total Participants: 1,764
- Total Assets: $12.0M
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 | 1,764 | $12.0M | $1.1M | $1.7M |
| 2023 | 1,375 | $10.0M | $721,422 | $1.3M |
| 2022 | 1,288 | $8.3M | $334,219 | $718,260 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $53,573 | — | $53,573 |
| MCDIRMIT DAVIS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCDIRMIT DAVIS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,573
- Estimated Expense Ratio: 0.446% 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 | $56,927 | $3,354 | — | — | — |
| 2023 | $38,178 | $1,184 | — | — | — |
| 2022 | $3,321 | — | $3,321 | — | — |