Plan Snapshot
- Plan Sponsor: The Falcon Corporation
- Sponsor EIN: 591705465
- Sponsor Address: 3530 SW 7TH STREET, OCALA, FL, 34474
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $9.6M
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 | 141 | $9.6M | $97,315 | $753,790 |
| 2023 | 144 | $8.8M | $99,528 | $749,023 |
| 2022 | 153 | $7.2M | $107,148 | $754,495 |
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 | $37,284 | — | $37,284 |
| DUGGAN JOINER AND COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DUGGAN JOINER AND COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,284
- Estimated Expense Ratio: 0.387% 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 | $57,826 | — | $57,826 | — | — |
| 2023 | $48,067 | — | $48,067 | — | — |
| 2022 | $32,037 | — | $32,037 | — | — |