Plan Snapshot
- Plan Sponsor: Badger Sportswear, LLC
- Sponsor EIN: 560992548
- Sponsor Address: 111 BADGER LANE, STATESVILLE, NC, 28925
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $19.4M
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. |
|---|---|---|---|---|
| 2024 | 235 | $19.4M | $492,493 | $946,529 |
| 2023 | 275 | $17.1M | $580,791 | $1.1M |
| 2022 | 305 | $14.6M | $553,549 | $1.0M |
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 |
|---|---|---|---|---|
| SEROTTA MADDOCKS EVANS AND CO. CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $96,574 | $31,907 | $8,858 | — | — |
| 2023 | $89,517 | — | $89,517 | — | — |
| 2022 | $103,871 | $39,793 | $64,078 | — | — |