Plan Snapshot
- Plan Sponsor: Benny Boyd, Ltd.
- Sponsor EIN: 742967581
- Sponsor Address: 601 NORTH KEY AVE., LAMPASAS, TX, 765501107
- Plan Type: 401(k)
- Total Participants: 74
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 74 | $5.4M | $87,377 | $282,018 |
| 2023 | 116 | $5.1M | $108,458 | $331,260 |
| 2022 | 115 | $4.0M | $124,959 | $345,270 |
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 |
|---|---|---|---|---|
| BROCKWAY GERSBACH FRANKLIN & NIEMEI | 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 | $7,501 | — | — | — | — |
| 2023 | $5,865 | — | — | — | — |
| 2022 | $10,414 | — | — | — | $10,414 |