Plan Snapshot
- Plan Sponsor: Bailey Nurseries, INC.
- Sponsor EIN: 410910672
- Sponsor Address: 1325 BAILEY ROAD, NEWPORT, MN, 550551502
- Plan Type: 401(k)
- Total Participants: 643
- Total Assets: $84.2M
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 | 643 | $84.2M | $371,378 | $2.1M |
| 2023 | 630 | $77.0M | $368,131 | $2.1M |
| 2022 | 598 | $71.8M | $377,595 | $2.2M |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $86,391 | — | $86,391 | — | — |
| 2023 | $83,450 | — | $83,450 | — | — |
| 2022 | $88,859 | — | $88,859 | — | — |