Plan Snapshot
- Plan Sponsor: Berry Enterprises, INC.
- Sponsor EIN: 540888093
- Sponsor Address: 170 EAST MAIN STREET, CHILHOWIE, VA, 24319
- Plan Type: 401(k)
- Total Participants: 195
- Total Assets: $12.1M
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 | 195 | $12.1M | $349,166 | $622,128 |
| 2023 | 165 | $9.7M | $347,574 | $613,731 |
| 2022 | 131 | $7.6M | $303,731 | $491,704 |
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 |
|---|---|---|---|---|
| FOTI, FLYNN, LOWEN & CO., PC | 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 | $4,801 | — | $4,801 | — | — |
| 2023 | $3,632 | — | $3,632 | — | — |
| 2022 | $18,229 | — | $1,437 | — | — |