Plan Snapshot
- Plan Sponsor: Balfour Payroll, LLC
- Sponsor EIN: 874581113
- Sponsor Address: 183 SOUTH TAYLOR AVENUE, LOUISVILLE, CO, 80027
- Plan Type: 401(k)
- Total Participants: 656
- Total Assets: $2.6M
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 | 656 | $2.6M | $435,998 | $761,501 |
| 2023 | 686 | $1.8M | $416,400 | $653,376 |
| 2022 | 592 | $353,553 | $137,175 | $216,132 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $14,904 | — | $14,904 |
| NOVA 401(K) ASSOCIATES | Recordkeeper | $6,204 | $42 | $6,246 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,150
- Estimated Expense Ratio: 0.800% 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 | $21,108 | — | $21,108 | — | — |
| 2023 | $12,348 | — | $12,348 | — | — |
| 2022 | $777 | — | $777 | — | — |