Plan Snapshot
- Plan Sponsor: Frit, INC.
- Sponsor EIN: 631005450
- Sponsor Address: 1792 JODIE PARKER ROAD, OZARK, AL, 36360
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $10.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 139 | $10.1M | $375,133 | $452,823 |
| 2023 | 137 | $9.1M | $322,629 | $387,687 |
| 2022 | 127 | $8.2M | $346,392 | $399,190 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $25,847 | — | $25,847 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $19,315 | — | $19,315 |
| MCDANIEL & ASSOCIATES P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCDANIEL & ASSOCIATES P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,162
- Estimated Expense Ratio: 0.447% 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 | $45,354 | $19,507 | $25,847 | — | — |
| 2023 | $37,735 | $17,305 | $20,430 | — | — |
| 2022 | $43,161 | $18,967 | $24,194 | — | — |