Florida › Finance and insurance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
OneDigital Open Pooled Employer Plan
Sponsored by Plan Fiduciary Services, Inc., Clearwater, FL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
OneDigital Open Pooled Employer Plan is a 401(k) plan sponsored by Plan Fiduciary Services, Inc. of Clearwater, Florida. For the plan year ending 31 Dec 2024 it reported 5,757 participants, 4,946 of them active, and net assets of $93.6M. It is a multiple-employer plan covering the employees of more than one employer.
Net assets came to $16,250 per participant, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and well below the $92,294 median for defined contribution plans in finance and insurance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $4.4M during the year, or $885 per active participant against a same-size median of $2,424; participants contributed $9.5M and $21.2M arrived as rollovers and other contributions. Benefits paid out totalled $10.6M.
Schedule C lists 13 service provider organisations paid $5,000 or more, with reported compensation of $936K: $163 per participant, well above the same-size median of $53.38. Administrative expenses charged to the plan were $774K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $41.8M in 2022 to $93.6M in 2024 (up 124%), and participants from 2,035 to 5,757 (up 183%).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $16,250 | $64,499 | $92,294 | $53,102 |
| Employer contributions per active participant | $885 | $2,424 | $3,564 | $2,175 |
| Schedule C compensation per participant | $163 | $53.38 | $137 | $123 |
| Schedule C compensation, share of net assets | 1.0% | 0.09% | 0.17% | 0.26% |
| Administrative expenses per participant | $134 | $54.85 | $130 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), finance and insurance (4,391) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 5,757 | $93.6M | $16,250 | $4.4M | $9.5M | $936K |
| 2023 | 4,381 | $60.1M | $13,725 | $3.4M | $6.4M | $504K |
| 2022 | 2,035 | $41.8M | $20,516 | $1.8M | $3.8M | $193K |
| 2021 | 481 | — | — | — | — | — |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$60,129,933
- Employer contributions$4,375,774
- Participant contributions$9,535,345
- Rollovers and other contributions$21,224,687
- Total contributions$35,135,806
- Total income, including investment results$44,833,721
- Benefits paid$10,637,613
- Administrative expenses$773,831
- Total expenses$11,411,444
- Net income$33,422,277
- Net transfers$0
- Net assets, end of year$93,552,210
Participants
- Active participants4,946
- Retired or separated, receiving benefits6
- Retired or separated, entitled to future benefits805
- Participants with account balances3,908
- Total participants, end of year5,757
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| American Pension Services | Contract Administrator | $392,826 | $0 |
| Empower Annuity Insurance Company | Recordkeeping fees | $191,939 | $0 |
| Souders Financial Advisors | Investment advisory (plan) | $75,850 | $0 |
| OneDigital Investment Advisors | Investment advisory (plan); Contract Administrator | $71,318 | $0 |
| Cambridge Investment | Investment advisory (plan) | $53,383 | $0 |
| Resources Investments Advisors, LLC | Investment management | $52,578 | $0 |
| Sigma Financial Corporation | Other commissions | $0 | $27,497 |
| Thurston Springer Advisors LLC | Investment advisory (plan) | $26,066 | $0 |
| Coulter & Justus, PC | Other fees | $13,000 | $0 |
| First American Asset Advisory LLC | Investment advisory (plan) | $11,396 | $0 |
| HMM CPAS LLP | Accounting (including auditing) | $9,500 | $0 |
| Cep Consultants Inc. | Other fees | $8,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 1 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$773,831
- Total administrative expenses$773,831
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$77.6M · 83.0%
- Registered investment companies (mutual funds)$13.0M · 13.9%
- Other investments$1.7M · 1.8%
- Participant loans$1.1M · 1.1%
- Cash (interest and non-interest bearing)$202K · 0.2%
Audit and compliance answers, as filed
- Accountant's opinionNot stated
- Audit scope limited under ERISA section 103(a)(3)(C)—
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2RParticipant-directed brokerage accounts provided as an investment option under the plan2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan3FPlan sponsor(s) received services of leased employees2WMultiple-employer pension plan that is a pooled employer plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 523900: Other Financial Investment Activities (including portfolio management & investment advice).
Other plans of Plan Fiduciary Services, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| The Platinum 401(k) Retirement Savings Plan | 12,711 | $97.4M |
| Enterprise Select Pooled Employer Plan | 4,868 | $76.5M |
| New Frontier Pooled Employer Plan | 438 | $7.1M |
| Great West Affiliated Employers Retirement Savings Plan | 136 | $20.5M |
Similar plans in Florida
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Risk Strategies Prevailing Wage Retirement Program | Plan Compliance Services, Inc. | 6,033 | $22.9M | $3,792 |
| Enterprise Select Pooled Employer Plan | Plan Fiduciary Services, Inc. | 4,868 | $76.5M | $15,717 |
| Citadel Retirement Savings Plan | Citadel Enterprise Americas LLC | 6,134 | $1.21B | $196,759 |
| The Baldwin Group Colleague, Inc. 401(k) Plan | The Baldwin Group Colleague, Inc. | 4,761 | $295M | $61,990 |
| Southstate Bank 401(k) Retirement Savings Plan | Southstate Bank, N.A. | 7,670 | $810M | $105,577 |
| Slavic Secure PEP | Slavic Integrated Administration, Inc. | 3,508 | $49.1M | $13,992 |
Defined contribution plans in finance and insurance closest in size.
Questions and answers
How big is OneDigital Open Pooled Employer Plan?
5,757 participants at the end of the plan year ending 31 Dec 2024, of whom 4,946 were active employees, with net assets of $93,552,210. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Plan Fiduciary Services, Inc. contribute per participant?
The filing reports $4,375,774 in employer contributions for the year, which is $885 per active participant; the median for plans of the same type and size was $2,424 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $935,758 in compensation to service provider organisations, $163 per participant or 1.0% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $773,831. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Plan Fiduciary Services, Inc.. Recordkeeping or administration: American Pension Services, Empower Annuity Insurance Company and OneDigital Investment Advisors. Investment advisory or management: Souders Financial Advisors, OneDigital Investment Advisors and Cambridge Investment. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing does not state an accountant's opinion type.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 13 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 27-3523833, plan 008, received 13 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.