Plan Snapshot
- Plan Sponsor: Foster Development, INC.
- Sponsor EIN: 431892734
- Sponsor Address: 26397 HIGHWAY YY, LEBANON, MO, 65536
- Plan Type: 401(k)
- Total Participants: 43
- Total Assets: $1.5M
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 | 43 | $1.5M | $27,739 | $31,643 |
| 2023 | 334 | $3.7M | $327,857 | $500,690 |
| 2022 | 426 | $2.5M | $282,500 | $469,085 |
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 |
|---|---|---|---|---|
| ELLIOTT, ROBINSON AND COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT, ROBINSON AND COMPANY, LLP — 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 | $21,845 | — | $21,845 | — | — |
| 2023 | $52,268 | $35,965 | $16,303 | — | — |
| 2022 | $32,368 | $17,012 | $15,356 | — | — |