# We Florida Financial 401(k) Plan
Source: https://planprovider.pro/companies/we-florida-financial-590709646-502

> We Florida Financial's 401(k) plan: 97 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** We Florida Financial

- **Sponsor EIN:** 590709646

- **Sponsor Address:** 9560 PINES BOULEVARD, PEMBROKE PINES, FL, 33024

- **Plan Type:** 401(k)

- **Plan Number:** 502

- **Total Participants:** 97

- **Total Assets:** $422,870

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2025|97|$422,870|$0|$0|

| 2024|93|$356,061|$1.1M|$0|

| 2023|111|$0|$0|$0|

| 2022|110|$233,362|$827,565|$0|

## 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|

| THE BENECON GROUP LLC|Investment Advisor|$75,504|—|$75,504|

| ONEDIGITAL (MIAMI, FL)|Investment Advisor|$37,905|—|$37,905|

| MERITAIN HEALTH, AN AETNA COMPANY|Other Service Provider|$15,236|—|$15,236|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $128,645

- **Estimated Expense Ratio:** 30.422% 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|

| 2025|$1,365,235|—|—|—|—|

| 2024|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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