Plan Snapshot
- Plan Sponsor: Norlyn Enterprises INC
- Sponsor EIN: 760670043
- Sponsor Address: 9200 DERRINGTON RD STE 100, HOUSTON, TX, 770645044
- Plan Type: 401(k)
- Total Participants: 330
- Total Assets: $5.5M
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 | 330 | $5.5M | $329,693 | $857,821 |
| 2023 | 360 | $4.9M | $338,383 | $832,983 |
| 2022 | 565 | $3.5M | $238,890 | $625,064 |
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 |
|---|---|---|---|---|
| PEDGE | Auditor | $37,000 | — | $37,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,000
- Estimated Expense Ratio: 0.677% 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 | $79,034 | $14,201 | $26,953 | $37,000 | — |
| 2023 | $59,963 | — | $54,318 | — | — |
| 2022 | $45,840 | — | $45,840 | — | — |