Plan Snapshot
- Plan Sponsor: The Suddath Companies
- Sponsor EIN: 591786274
- Sponsor Address: 815 SOUTH MAIN STREET, JACKSONVILLE, FL, 32207
- Plan Type: 401(k)
- Total Participants: 1,719
- Total Assets: $89.9M
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 | 1,719 | $89.9M | $860,562 | $8.5M |
| 2023 | 1,772 | $81.8M | $1.2M | $8.8M |
| 2022 | 1,983 | $72.2M | $943,664 | $8.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $203,550 | — | $203,550 |
| CAPFINANCIAL PARTNERS,LL | INVESTMENT ADVISORY | $45,994 | — | $45,994 |
| PIVOT CPAS | Auditor | $11,568 | — | $11,568 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PIVOT CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $261,112
- Estimated Expense Ratio: 0.291% 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 | $249,544 | $34,425 | $203,551 | $11,568 | — |
| 2023 | $187,583 | $33,750 | $153,833 | — | — |
| 2022 | $182,055 | $40,568 | $141,487 | — | — |