Plan Snapshot
- Plan Sponsor: Adams Beverages, LLC
- Sponsor EIN: 630733351
- Sponsor Address: 3116 JOHN D. ODOM ROAD, DOTHAN, AL, 36303
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 735
- Total Assets: $24.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 735 | $24.9M | $0 | $0 |
| 2024 | 666 | $20.3M | $525,501 | $1.5M |
| 2023 | 677 | $18.9M | $431,826 | $1.5M |
| 2022 | 684 | $16.4M | $479,241 | $1.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $137,221 | — | $137,221 |
| CAMBRIDGE INVESTMENT RESEARCH ADVIS | Investment Advisor | — | $47,328 | $47,328 |
| ASCENSUS, LLC | Recordkeeper | $12,178 | $10,635 | $22,813 |
| BENNETT THRASHER, LLP | Other Service Provider | $17,848 | — | $17,848 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,210
- Estimated Expense Ratio: 0.905% 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 | $2,143,770 | — | $150,396 | — | — |
| 2024 | $143,376 | — | $143,376 | — | — |
| 2023 | $101,056 | — | $101,056 | — | — |
| 2022 | $94,020 | — | $94,020 | — | — |