Plan Snapshot
- Plan Sponsor: Garver, LLC
- Sponsor EIN: 010733400
- Sponsor Address: 4701 NORTHSHORE DRIVE, NORTH LITTLE ROCK, AR, 72118
- Plan Type: 401(k)
- Total Participants: 1,484
- Total Assets: $176.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,484 | $176.0M | $6.3M | $12.8M |
| 2023 | 1,289 | $147.1M | $5.3M | $11.4M |
| 2022 | 1,170 | $114.3M | $4.4M | $9.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $113,563 | — | $113,563 |
| MERIDIAN MANAGEMENT CO | ADVISOR/INVESTMENT ADV | $95,000 | — | $95,000 |
| CAPTRUST | INVESTMENT ADVISOR | $11,875 | — | $11,875 |
| HOGAN TAYLOR LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CAPTRUST — INVESTMENT ADVISOR
- HOGAN TAYLOR LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $220,438
- Estimated Expense Ratio: 0.125% 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 | $218,839 | $106,875 | $300 | — | — |
| 2023 | $205,507 | $80,000 | $1,500 | $5,125 | — |
| 2022 | $193,604 | — | — | — | — |