2023 Form 5500 filing — Florida Tech Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009105141NAL0018186273001) for Florida Tech Retirement Plan, reported by Florida Institute Of Technology under EIN 59-6046500 and plan number 001. It reports 2,000 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009105141NAL0018186273001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Florida Institute Of Technology
- EIN
- 59-6046500
- Plan number
- 001
- Location
- Melbourne, FL
- Participants
- 2,000
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $159,539,880
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $159,539,880
- Employer contributions
- $3,026,227
- Participant contributions
- $5,410,314
- Total income / additions
- $30,677,176
- Benefits paid
- $6,576,804
- Administrative expenses
- $178,812
- Total expenses
- $6,782,641
- Net increase / (decrease)
- $23,894,535
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $87,905 | $0 |
| Sageview Advisory Group, LLC | ADVISORY | $47,433 | not reported in the loaded dataset |
| Tiaa | SERVICE PROVIDER | $44,074 | $0 |