Plan Snapshot
- Plan Sponsor: Frank'S Supply Company, INC.
- Sponsor EIN: 850162920
- Sponsor Address: 3311 STANFORD DRIVE, N.E., ALBUQUERQUE, NM, 87107
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $11.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 154 | $11.9M | $348,418 | $689,573 |
| 2023 | 144 | $11.5M | $290,663 | $589,663 |
| 2022 | 135 | $10.0M | $256,374 | $524,750 |
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 |
|---|---|---|---|---|
| DUBUQUE BANK & TRUST | Other Service Provider | $56,978 | — | $56,978 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,978
- Estimated Expense Ratio: 0.480% 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 | $56,978 | $39,747 | $17,231 | — | — |
| 2023 | $48,484 | — | $48,484 | — | — |
| 2022 | $47,520 | — | — | — | $47,520 |