Plan Snapshot
- Plan Sponsor: Big Springs, INC.
- Sponsor EIN: 630106433
- Sponsor Address: 2700 MERIDIAN STREET, HUNTSVILLE, AL, 35811
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $11.4M
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 | 156 | $11.4M | $350,383 | $607,904 |
| 2023 | 169 | $9.6M | $209,944 | $545,488 |
| 2022 | 142 | $7.7M | $214,416 | $421,958 |
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 |
|---|---|---|---|---|
| FOWLER, HOLLEY, RAMBO & STAVLEY | 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 | $57,076 | $33,335 | — | — | — |
| 2023 | $9,774 | $2,685 | — | — | — |
| 2022 | — | — | — | — | — |