Plan Snapshot
- Plan Sponsor: The Mayflower Retirement Center, INC.
- Sponsor EIN: 592617174
- Sponsor Address: 1620 MAYFLOWER CT, WINTER PARK, FL, 32792
- Plan Type: 403(b)
- Total Participants: 349
- Total Assets: $5.9M
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 | 349 | $5.9M | $170,994 | $519,006 |
| 2023 | 335 | $5.5M | $143,028 | $470,057 |
| 2022 | 270 | $6.4M | $122,877 | $395,833 |
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 |
|---|---|---|---|---|
| NESTEGGS RETIREMENT PLAN SVCS, INC | N/A | $48,683 | — | $48,683 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,683
- Estimated Expense Ratio: 0.828% 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 | $49,183 | — | — | — | — |
| 2023 | $48,476 | — | — | — | — |
| 2022 | $11,598 | — | $11,598 | — | — |