Plan Snapshot
- Plan Sponsor: Boatright Company, INC.
- Sponsor EIN: 481259658
- Sponsor Address: 653B BLACK CREEK ROAD, BIRMINGHAM, AL, 352171180
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 90 | $8.3M | $206,614 | $372,194 |
| 2023 | 85 | $7.7M | $203,660 | $374,983 |
| 2022 | 81 | $6.5M | $185,590 | $331,309 |
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 |
|---|---|---|---|---|
| MDA PROFESSIONAL GROUP, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MDA PROFESSIONAL GROUP, P.C. — Auditor
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 | $8,509 | — | $8,509 | — | — |
| 2023 | $5,483 | — | $5,483 | — | — |
| 2022 | $9,656 | — | — | — | $9,656 |