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Original filing (PDF)20251002085934NAL0000169587001
SECURITY FIRST MANAGERS LLC
Form 5500
FILING_RECEIVED
SECURITY FIRST MANAGERS LLC 401(K) PROFIT SHARING PLAN AND TRUST
401(k) retirement plan
Signals · 2
40% in single holdingNo recordkeeper disclosed
Active participants
388
Accounts w/ balance
311
Plan assets (EOY)
$19.1M
Net assets (EOY)
$19.1M
How this plan invests
This plan
1 pooled trust
Schedule D
19 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
80
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Vanguard 500 Index Admiral" is 40% of plan.
- 66 bps in Schedule C fees — 126% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for SECURITY FIRST MANAGERS LLC.
Plan sponsor
Name
SECURITY FIRST MANAGERS LLC
EIN
75-3176413
Address
1001 BROADWAY AVE · ORMOND BEACH, FL · 32174
Phone
(386) 868-1321
Industry
Insurance Agencies & Brokerages· Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-02
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3B · Covers self-employed individuals
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
HOWELL FERGUSON, PA
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | 13-2638166 | — | NONE | $74K | — |
| STANCORP FINANCIAL GROUP | 93-1253576 | — | NONE | $52K | — |
Investments
19 direct securities · 1 pooled fund· $36.2M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Pooled Separate Account
$18.1M
1 holding
Uncategorized
$18.1M
18 holdings
Pooled Separate Accounts
$11K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| MASTER SEPARATE ACCOUNT MINNESOTA LIFE INSURANCE COMPANY · EIN 41-0417830 / PN 900 | Pooled Separate Account | — | — | $18.1M | 94.7% | |
| Vanguard 500 Index Admiral | — | — | — | $7.3M | 38.0% | |
| Fidelity Global ex US Index | — | — | — | $3.4M | 17.9% | |
| Vanguard Small-Cap Idx Adm | — | — | — | $2.4M | 12.8% | |
| Vanguard Interm Bond Idx Adm | — | — | — | $2.1M | 11.0% | |
| Vanguard Tot Bond Mkt Idx Adm | — | — | — | $2.1M | 10.8% | |
| JPMorgan Large Cap Growth | — | — | — | $365K | 1.9% | |
| Eaton Vance Atlanta SMID-Cap A | — | — | — | $126K | 0.7% | |
| Vanguard Tot Stk Mk Idx Adm | — | — | — | $88K | 0.5% | |
| MFS Mid Cap Value R3 | — | — | — | $39K | 0.2% | |
| Invesco Comstock Fund, R5 | — | — | — | $34K | 0.2% | |
| Amer Funds New Persp Fund, R6 | — | — | — | $33K | 0.2% | |
| Vanguard Sm-Cap Val Ind Adm | — | — | — | $31K | 0.2% | |
| DFA US Large Cap Value Port 426 DFA International Value Port | — | — | — | $30K | 0.2% | |
| BlackRock Strat Inc Opps Instl | — | — | — | $23K | 0.1% | |
| DFA Glbl RE Secur Prt | — | — | — | $16K | <0.1% | |
| Fair Value T. Rowe Price Small Cap Stock | Pooled Separate Accounts | — | — | $11K | <0.1% | |
| BlackRock Low Dur Bnd Instl | — | — | — | $11K | <0.1% | |
| Baron Emg Mkts Institute | — | — | — | $7K | <0.1% | |
| Vanguard Ttl Intl Bd Idx Admiral | — | — | — | $3K | <0.1% |