Plan Snapshot
- Plan Sponsor: Earl May Seed & Nursery Lc
- Sponsor EIN: 421283266
- Sponsor Address: 208 NORTH ELM ST, SHENANDOAH, IA, 51601
- Plan Type: 401(k)
- Total Participants: 296
- Total Assets: $6.8M
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 | 296 | $6.8M | $69,274 | $492,142 |
| 2023 | 280 | $6.1M | $79,748 | $463,788 |
| 2022 | 278 | $5.9M | $67,916 | $446,653 |
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 |
|---|---|---|---|---|
| SKIBBIE CPA, INC. | 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 | $43,324 | — | $43,324 | — | — |
| 2023 | $45,791 | $21,151 | $17,241 | — | — |
| 2022 | $40,092 | — | — | — | $40,092 |