Plan Snapshot
- Plan Sponsor: Fouts Bros. INC.
- Sponsor EIN: 581796263
- Sponsor Address: 138 ROBERSON MILL RD, MILLEDGEVILLE, GA, 31061
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $5.4M
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 | 297 | $5.4M | $215,422 | $370,955 |
| 2023 | 279 | $4.4M | $175,257 | $320,519 |
| 2022 | 175 | $3.0M | $116,744 | $203,263 |
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 |
|---|---|---|---|---|
| CERQUEDA, MORGAN & COLLINS, LLP | 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 | $208,403 | — | $43,005 | — | — |
| 2023 | $411,969 | — | $31,866 | — | — |
| 2022 | $9,455 | — | $9,455 | — | — |