Plan Snapshot
- Plan Sponsor: Byrne Dairy, INC.
- Sponsor EIN: 150258780
- Sponsor Address: 2394 US ROUTE 11, LAFAYETTE, NY, 13084
- Plan Type: 401(k)
- Total Participants: 1,869
- Total Assets: $38.3M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,869 | $38.3M | $1.3M | $3.8M |
| 2023 | 1,772 | $33.0M | $1.1M | $3.3M |
| 2022 | 1,634 | $26.9M | $850,405 | $2.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $139,805 | — | $139,805 |
| HAZARD & SIEGEL ADVISORY SERVICES L | INVESTMENT ADVISOR | $42,030 | — | $42,030 |
| DERMODY BURKE & BROWN CPAS LLC | AUDITOR | $17,000 | — | $17,000 |
| BOWERS & COMPANY CPAS PLLC | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOWERS & COMPANY CPAS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $215,835
- Estimated Expense Ratio: 0.564% 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 | $199,745 | $42,940 | — | $17,000 | — |
| 2023 | $164,041 | $28,482 | $135,378 | — | — |
| 2022 | $108,671 | $38,141 | $64,280 | — | $5,000 |