Plan Snapshot
- Plan Sponsor: The Glenridge On Palmer Ranch, INC.
- Sponsor EIN: 593472733
- Sponsor Address: 7333 SCOTLAND WAY, SARASOTA, FL, 34238
- Plan Type: 401(k)
- Total Participants: 330
- Total Assets: $3.7M
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 | 330 | $3.7M | $107,204 | $433,091 |
| 2023 | 307 | $2.9M | $87,241 | $341,584 |
| 2022 | 325 | $2.5M | $75,522 | $316,898 |
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 |
|---|---|---|---|---|
| WALTERS & ASSOCIATES, CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $28,876 | $6,562 | $19,771 | — | — |
| 2023 | $23,473 | $5,172 | $13,590 | — | — |
| 2022 | $22,342 | $5,503 | $16,839 | — | — |