Plan Snapshot
- Plan Sponsor: Fountainhead Development INC
- Sponsor EIN: 920112296
- Sponsor Address: 1501 QUEENS WAY, FAIRBANKS, AK, 997017456
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 254
- Total Assets: $7.2M
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. |
|---|---|---|---|---|
| 2025 | 254 | $7.2M | $0 | $0 |
| 2024 | 217 | $6.0M | $106,525 | $450,137 |
| 2023 | 191 | $5.6M | $98,883 | $447,775 |
| 2022 | 221 | $4.7M | $57,017 | $431,339 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $13,399 | — | $13,399 |
| GALLAGHER FIDUCIARY ADVISORS | Investment Advisor | $11,217 | — | $11,217 |
| ERISA FIDUCIARY SERVICES, INC. | Recordkeeper | $7,040 | — | $7,040 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,656
- Estimated Expense Ratio: 0.437% 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 |
|---|---|---|---|---|---|
| 2025 | $365,219 | $14,546 | $20,192 | — | — |
| 2024 | $34,990 | $17,254 | $16,876 | — | — |
| 2023 | $28,693 | $14,404 | $13,429 | — | — |
| 2022 | $26,505 | $14,927 | $11,578 | — | — |