Plan Snapshot
- Plan Sponsor: The Smart Companies. LLC
- Sponsor EIN: 223928762
- Sponsor Address: 6182 IDLEWILD STREET, FORT MYERS, FL, 33966
- Plan Type: 401(k)
- Total Participants: 420
- Total Assets: $14.3M
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 | 420 | $14.3M | $1.1M | $1.7M |
| 2023 | 375 | $11.1M | $1.2M | $1.8M |
| 2022 | 338 | $7.8M | $824,941 | $1.3M |
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 |
|---|---|---|---|---|
| KELLY PARTNERS (FRS) ATTEST SERVICE | 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 | $81,273 | $30,611 | $50,662 | — | — |
| 2023 | $77,838 | $30,994 | $46,844 | — | — |
| 2022 | $53,176 | $24,305 | $28,871 | — | — |