Plan Snapshot
- Plan Sponsor: Swk Management, INC.
- Sponsor EIN: 843173233
- Sponsor Address: 9625 WES KEARNEY WAY, RIVERVIEW, FL, 33578
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $4.0M
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 | 305 | $4.0M | $0 | $330,321 |
| 2023 | 191 | $3.7M | $335,991 | $204,098 |
| 2022 | 120 | $2.7M | $114,161 | $206,218 |
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 | $22,161 | — | $22,161 |
| FUTUREPLAN ADMINISTRATIV | CONTRACT ADMIN | $4,400 | $1,764 | $6,164 |
| ROWLSON & COMPANY, P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,325
- Estimated Expense Ratio: 0.717% 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 | $34,037 | — | $34,037 | — | — |
| 2023 | $34,347 | — | $34,347 | — | — |
| 2022 | $11,755 | — | $11,755 | — | — |