Plan Snapshot
- Plan Sponsor: Falcon Plastics, INC.
- Sponsor EIN: 460325450
- Sponsor Address: 3300 PRINCE DRIVE, BROOKINGS, SD, 57006
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $15.6M
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 | 295 | $15.6M | $142,059 | $723,175 |
| 2023 | 287 | $14.4M | $143,154 | $694,614 |
| 2022 | 294 | $12.1M | $143,429 | $684,514 |
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 |
|---|---|---|---|---|
| EIDE BAILEY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILEY — Auditor
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 | $2,580 | — | — | — | — |
| 2023 | $2,125 | — | — | — | — |
| 2022 | $8,149 | — | — | — | — |