Plan Snapshot
- Plan Sponsor: Champion Organic Recycling Services, LLC
- Sponsor EIN: 800015077
- Sponsor Address: 741 WHISPERING WAY, PROSPER, TX, 75078
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 20
- Total Assets: $409,749
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 20 | $409,749 | $0 | $0 |
| 2024 | 137 | $958,376 | $0 | $202,607 |
| 2023 | 140 | $842,856 | $0 | $172,895 |
| 2022 | 114 | $612,887 | $0 | $164,605 |
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 | Recordkeeper | $19,124 | — | $19,124 |
| NOVA 401(K) ASSOCIATES | Recordkeeper | $4,558 | $666 | $5,224 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,348
- Estimated Expense Ratio: 5.942% 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 |
|---|---|---|---|---|---|
| 2025 | $692,269 | — | $11,699 | — | — |
| 2024 | $18,530 | — | $4,691 | — | — |
| 2023 | $12,150 | — | $3,026 | — | — |
| 2022 | $11,247 | — | $11,247 | — | — |