Plan Snapshot
- Plan Sponsor: Arborgen INC.
- Sponsor EIN: 582521259
- Sponsor Address: 408 BRIGHTON PARK BLVD, SUMMERVILLE, SC, 294863054
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $15.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 106 | $15.7M | $396,209 | $676,300 |
| 2023 | 108 | $16.1M | $307,056 | $633,383 |
| 2022 | 110 | $15.8M | $282,773 | $667,891 |
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 | CONTRACT ADMINISTRATOR | $37,458 | — | $37,458 |
| SYNOVUS TRUST COMPANY, N | INVESTMENT ADVISORY | $19,584 | — | $19,584 |
| WEBSTER ROGERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEBSTER ROGERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,042
- Estimated Expense Ratio: 0.364% 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 |
|---|---|---|---|---|---|
| 2024 | $57,041 | $19,583 | $37,458 | — | — |
| 2023 | $59,011 | $24,805 | $34,206 | — | — |
| 2022 | $53,667 | $25,695 | $27,972 | — | — |