Plan Snapshot
- Plan Sponsor: The Club At Admirals Cove, INC.
- Sponsor EIN: 650102679
- Sponsor Address: 200 ADMIRALS COVE BLVD, JUPITER, FL, 33477
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 332 | $11.8M | $555,619 | $1.6M |
| 2023 | 370 | $9.5M | $503,862 | $1.4M |
| 2022 | 313 | $7.4M | $423,067 | $1.0M |
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 |
|---|---|---|---|---|
| AMERICAN PORTFOLIOS ADVISORS INC | INVESTMENT ADVISOR | $39,273 | — | $39,273 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $37,922 | — | $37,922 |
| COHENREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,195
- Estimated Expense Ratio: 0.655% 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 | $77,195 | $39,273 | — | — | — |
| 2023 | $44,530 | $23,221 | — | — | — |
| 2022 | $33,902 | $19,491 | $14,411 | — | — |