Plan Snapshot
- Plan Sponsor: Brask, INC.
- Sponsor EIN: 721485569
- Sponsor Address: 2300 LOUIS ALLEMAN PKWY, SULPHUR, LA, 70663
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $13.7M
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 | 182 | $13.7M | $228,602 | $656,682 |
| 2023 | 130 | $12.3M | $209,402 | $604,133 |
| 2022 | 141 | $10.4M | $226,263 | $610,226 |
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 |
|---|---|---|---|---|
| LAPORTE CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPORTE CPAS — 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 | $50,497 | $31,746 | — | — | — |
| 2023 | $45,470 | $27,429 | — | — | — |
| 2022 | $47,018 | — | — | — | — |