Plan Snapshot
- Plan Sponsor: Covol Fuels No 3 LLC
- Sponsor EIN: 371554451
- Sponsor Address: 102 E KENTUCKY AVE STE 200D, PINEVILLE, KY, 409771657
- Plan Type: 401(k)
- Total Participants: 4
- Total Assets: $171,944
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 | 4 | $171,944 | $41,864 | $55,242 |
| 2023 | 104 | $476,625 | $160,384 | $217,579 |
| 2022 | 129 | $172,914 | $73,760 | $102,533 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | 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 | $12,348 | $116 | $11,372 | — | — |
| 2023 | $16,638 | $149 | $15,629 | — | — |
| 2022 | — | — | — | — | — |