Plan Snapshot
- Plan Sponsor: Therapy Management Corporation
- Sponsor EIN: 651197416
- Sponsor Address: 8477 S. SUNCOAST BLVD., HOMOSASSA, FL, 34446
- Plan Type: 401(k)
- Total Participants: 1,297
- Total Assets: $46.5M
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 | 1,297 | $46.5M | $784,676 | $3.8M |
| 2023 | 1,078 | $39.8M | $750,888 | $3.4M |
| 2022 | 1,384 | $32.3M | $70,552 | $3.1M |
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 |
|---|---|---|---|---|
| FIDUCIARY CONSULTING GROUP, INC | Other Service Provider | $93,653 | — | $93,653 |
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $80,218 | — | $80,218 |
| FREEGULLIVER, LLC. | Investment Advisor | $42,569 | — | $42,569 |
| IRON FIDUCIARY, AN OFFERING BY CREA | Investment Advisor | $21,285 | — | $21,285 |
| CHARLES SCHWAB BANK | Recordkeeper | $9,132 | — | $9,132 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
- FREEGULLIVER, LLC. — Investment Advisor
- IRON FIDUCIARY, AN OFFERING BY CREA — Investment Advisor
- CHARLES SCHWAB BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $246,857
- Estimated Expense Ratio: 0.530% 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 | $246,857 | $63,854 | $173,871 | — | — |
| 2023 | $225,350 | $52,089 | $132,907 | — | — |
| 2022 | $272,446 | $50,630 | $174,571 | — | $47,245 |