Plan Snapshot
- Plan Sponsor: De Wafelbakkers, LLC
- Sponsor EIN: 261812271
- Sponsor Address: P.O. BOX 13570, NORTH LITTLE ROCK, AR, 72113
- Plan Type: 401(k)
- Total Participants: 548
- Total Assets: $7.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 548 | $7.2M | $365,074 | $622,044 |
| 2023 | 481 | $6.1M | $290,220 | $503,839 |
| 2022 | 196 | $5.3M | $255,737 | $482,597 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $18,000 | — | $18,000 |
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $13,889 | — | $13,889 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,889
- Estimated Expense Ratio: 0.441% 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 | $32,824 | $18,080 | — | — | — |
| 2023 | $39,854 | $18,183 | — | — | — |
| 2022 | $19,557 | — | $19,557 | — | — |