Plan Snapshot
- Plan Sponsor: Beverly Industries, LLC
- Sponsor EIN: 721012384
- Sponsor Address: 1215 RIVER ROAD, BRIDGE CITY, LA, 70094
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 133 | $5.7M | $199,755 | $443,688 |
| 2023 | 135 | $4.9M | $200,599 | $469,523 |
| 2022 | 137 | $3.7M | $203,199 | $481,550 |
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 |
|---|---|---|---|---|
| BOURGEOIS BENNETT LLC | 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 | $7,719 | — | $7,719 | — | — |
| 2023 | $7,547 | — | $7,547 | — | — |
| 2022 | $11,154 | — | $11,154 | — | — |