Plan Snapshot
- Plan Sponsor: Claude Howard Lumber Company, INC.
- Sponsor EIN: 580696147
- Sponsor Address: 600 PARK AVENUE, STATESBORO, GA, 30459
- Plan Type: 401(k)
- Total Participants: 229
- Total Assets: $13.9M
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. |
|---|---|---|---|---|
| 2024 | 229 | $13.9M | $441,009 | $977,071 |
| 2023 | 215 | $12.3M | $410,631 | $958,480 |
| 2022 | 150 | $9.2M | $289,992 | $656,058 |
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 |
|---|---|---|---|---|
| DABBS, HICKMAN, HILL, & CANNON, LLP | Auditor | — | — | $0 |
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 | $88,618 | $52,790 | $35,828 | — | — |
| 2023 | $81,309 | $43,487 | $14,744 | $1,311 | — |
| 2022 | $55,630 | $36,924 | $7,721 | — | $10,985 |