Plan Snapshot
- Plan Sponsor: Franklin Bookkeeping Services, I
- Sponsor EIN: 161644730
- Sponsor Address: 920 PIERREMONT ROAD, SHREVEPORT, LA, 71106
- Plan Type: 401(k)
- Total Participants: 453
- Total Assets: $4.5M
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 | 453 | $4.5M | $138,316 | $529,875 |
| 2023 | 419 | $4.2M | $134,382 | $518,541 |
| 2022 | 331 | $3.8M | $136,723 | $499,323 |
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 |
|---|---|---|---|---|
| CLARK & ANDERSON, P.A. | 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 | $5,166 | — | — | — | — |
| 2023 | $14,154 | $7,500 | — | — | — |
| 2022 | $12,915 | — | — | — | — |