Plan Snapshot
- Plan Sponsor: Bonitz, INC.
- Sponsor EIN: 570835835
- Sponsor Address: 645 ROSEWOOD DRIVE, COLUMBIA, SC, 292014603
- Plan Type: 401(k)
- Total Participants: 346
- Total Assets: $18.3M
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 | 346 | $18.3M | $274,350 | $1.5M |
| 2023 | 327 | $19.7M | $202,603 | $1.3M |
| 2022 | 329 | $17.8M | $6,284 | $1.4M |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS 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 | $73,826 | $17,952 | $34,141 | — | — |
| 2023 | $67,602 | $15,673 | $34,838 | — | — |
| 2022 | $69,165 | $13,136 | $41,580 | — | $14,449 |