Plan Snapshot
- Plan Sponsor: The Everglades Club, INC.
- Sponsor EIN: 590198160
- Sponsor Address: 356 WORTH AVENUE, PALM BEACH, FL, 33480
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $11.2M
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 | 205 | $11.2M | $539,416 | $706,640 |
| 2023 | 163 | $11.1M | $541,845 | $707,655 |
| 2022 | 155 | $9.2M | $478,532 | $634,240 |
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 INS CO OF AMERICA | RECORDKEEPER | $57,564 | — | $57,564 |
| ONEDIGITAL INVESTMENT ADV LLC | INVESTMENT ADVISOR | $27,681 | — | $27,681 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $9,605 | — | $9,605 |
| FUOCO GROUP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,850
- Estimated Expense Ratio: 0.847% 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 | $94,850 | $37,286 | — | — | — |
| 2023 | $65,190 | $33,610 | — | — | — |
| 2022 | $66,347 | — | $66,347 | — | — |