Plan Snapshot
- Plan Sponsor: The Master'S Academy Of Central Florida, INC.
- Sponsor EIN: 592663620
- Sponsor Address: 1500 LUKAS LANE, OVIEDO, FL, 32765
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 142
- Total Assets: $5.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 142 | $5.2M | $156,468 | $365,377 |
| 2023 | 136 | $4.8M | $103,413 | $292,312 |
| 2022 | 135 | $4.2M | $121,889 | $279,944 |
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 |
|---|---|---|---|---|
| MARTIN, MARTIN, RANDALL & ASSOC. | Other Service Provider | $7,692 | $4,891 | $12,583 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $11,956 | — | $11,956 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $7,126 | — | $7,126 |
| COMMONWEALTH EQUITY SERVICES, LLC | Investment Advisor | $6,465 | — | $6,465 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,130
- Estimated Expense Ratio: 0.734% 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 | $34,212 | — | $34,212 | — | — |
| 2023 | $29,566 | — | $29,566 | — | — |
| 2022 | $25,810 | — | — | — | $25,810 |