Plan Snapshot
- Plan Sponsor: Foretravel, INC.
- Sponsor EIN: 751285394
- Sponsor Address: 1221 NW STALLINGS DRIVE, NACOGDOCHES, TX, 759643037
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 183
- Total Assets: $3.9M
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 | 183 | $3.9M | $35,925 | $165,400 |
| 2023 | 170 | $4.0M | $32,676 | $160,264 |
| 2022 | 166 | $3.7M | $33,656 | $151,260 |
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 |
|---|---|---|---|---|
| BANCORPSOUTH BANK | Investment Advisor | $7,670 | — | $7,670 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $5,322 | — | $5,322 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,992
- Estimated Expense Ratio: 0.333% 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 | $16,026 | $10,704 | — | — | — |
| 2023 | $300,924 | — | — | — | — |
| 2022 | $11,795 | $1,269 | — | — | — |