Plan Snapshot
- Plan Sponsor: Fibrebond Corporation
- Sponsor EIN: 720951873
- Sponsor Address: 1300 DAVENPORT DRIVE, MINDEN, LA, 71055
- Plan Type: 401(k)
- Total Participants: 536
- Total Assets: $23.7M
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 | 536 | $23.7M | $893,923 | $1.4M |
| 2023 | 454 | $20.5M | $384,563 | $1.1M |
| 2022 | 227 | $18.0M | $298,769 | $898,213 |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM LLC | 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 | $82,397 | $4,945 | — | — | — |
| 2023 | $69,817 | $32,335 | — | — | — |
| 2022 | $63,599 | — | — | — | — |