Plan Snapshot
- Plan Sponsor: Butternut Mountain Farm - The Vermont Maple Sugar Company
- Sponsor EIN: 030281387
- Sponsor Address: 37 INDUSTRIAL PARK DRIVE, MORRISVILLE, VT, 05661
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $6.8M
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 | 141 | $6.8M | $295,781 | $542,268 |
| 2023 | 139 | $5.7M | $278,920 | $518,573 |
| 2022 | 114 | $6.6M | $260,696 | $474,558 |
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 |
|---|---|---|---|---|
| COMPASS360 | Other Service Provider | $3,185 | $3,086 | $6,271 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,271
- Estimated Expense Ratio: 0.092% 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 | $4,000 | — | $4,000 | — | — |
| 2023 | $9,143 | — | $9,143 | — | — |
| 2022 | $7,953 | — | — | — | $7,953 |