Plan Snapshot
- Plan Sponsor: Braswell Family Farms
- Sponsor EIN: 560812535
- Sponsor Address: 104 E. CROSS STREET, NASHVILLE, NC, 27856
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $19.6M
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 | 125 | $19.6M | $1.9M | $588,823 |
| 2023 | 101 | $16.7M | $269,421 | $469,483 |
| 2022 | 104 | $15.9M | $748,498 | $400,491 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $78,178 | — | — | — | — |
| 2023 | $68,530 | — | $50,258 | — | — |
| 2022 | $72,068 | $34,430 | $27,138 | — | $10,500 |