Plan Snapshot
- Plan Sponsor: Breakers Unlimited
- Sponsor EIN: 351801594
- Sponsor Address: 15210 NORTH POINTE BLVD, NOBLESVILLE, IN, 46060
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $11.6M
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 | $11.6M | $528,186 | $868,110 |
| 2023 | 127 | $8.9M | $554,712 | $789,020 |
| 2022 | 117 | $7.2M | $491,401 | $688,583 |
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 |
|---|---|---|---|---|
| I4 ADVISORS, LLC | Other Service Provider | $29,448 | — | $29,448 |
| RPG CONSULTANTS | Other Service Provider | $28,777 | — | $28,777 |
| MID ATLANTIC TRUST COMPANY | Recordkeeper | $6,392 | — | $6,392 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MID ATLANTIC TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,617
- Estimated Expense Ratio: 0.558% of plan assets
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 | $69,525 | $29,448 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |