Plan Snapshot
- Plan Sponsor: Glenn Thurman, INC.
- Sponsor EIN: 751395393
- Sponsor Address: P.O. BOX 850842, MESQUITE, TX, 751850842
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $9.5M
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 | 235 | $9.5M | $413,827 | $630,231 |
| 2023 | 222 | $8.4M | $371,739 | $607,208 |
| 2022 | 219 | $8.9M | $361,476 | $635,706 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $15,424 | — | $15,424 |
| RETIREMENTPLANS.COM, LLC | CONTRACT ADMINISTRATOR | $840 | $8,328 | $9,168 |
| CALVETTI FERGUSON, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,592
- Estimated Expense Ratio: 0.258% 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 | $24,672 | — | $24,672 | — | — |
| 2023 | $21,105 | — | $21,105 | — | — |
| 2022 | $21,832 | — | $20,297 | — | — |