Plan Snapshot
- Plan Sponsor: Surf Style Retail
- Sponsor EIN: 200495143
- Sponsor Address: 4100 N 28TH TERRACE, HOLLYWOOD, FL, 33020
- Plan Type: 401(k)
- Total Participants: 279
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 279 | $3.1M | $224,321 | $569,349 |
| 2023 | 237 | $2.4M | $181,595 | $461,511 |
| 2022 | 208 | $1.8M | $155,808 | $408,297 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $12,562 | $2 | $12,564 |
| ADP, INC. | Recordkeeper | $10,492 | — | $10,492 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,056
- Estimated Expense Ratio: 0.739% 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 | $23,055 | $12,562 | — | — | — |
| 2023 | $17,097 | $9,616 | — | — | — |
| 2022 | $13,430 | — | — | — | — |