Plan Snapshot
- Plan Sponsor: Fairwood Brands, LLC
- Sponsor EIN: 920924070
- Sponsor Address: 330 W. SPRING ST, STE 200, COLUMBUS, OH, 43215
- Plan Type: 401(k)
- Total Participants: 417
- Total Assets: $12.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 417 | $12.3M | $339,367 | $684,332 |
| 2023 | 331 | $10.2M | $188,874 | $399,578 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES AND ASSOCIATES | INVESTMENT ADVISORY-PLAN | $20,870 | — | $20,870 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $19,738 | — | $19,738 |
| MCCURDY & ASSOCIATES, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES AND ASSOCIATES — INVESTMENT ADVISORY-PLAN
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- MCCURDY & ASSOCIATES, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,608
- Estimated Expense Ratio: 0.329% 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 | $44,572 | — | — | — | — |
| 2023 | $13,789 | $3,272 | — | — | — |