Plan Snapshot
- Plan Sponsor: Grand Brands LLC
- Sponsor EIN: 540699318
- Sponsor Address: 1305 BAKER ROAD, VIRGINIA BEACH, VA, 23455
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $5.3M
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 | 185 | $5.3M | $115,783 | $303,395 |
| 2023 | 180 | $5.1M | $125,379 | $291,779 |
| 2022 | 181 | $4.2M | $107,852 | $257,484 |
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 |
|---|---|---|---|---|
| CHARLES W. SNADER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES W. SNADER, P.C. — Auditor
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 | $8,957 | — | $3,017 | — | — |
| 2023 | $14,902 | $11,372 | $3,530 | — | — |
| 2022 | $6,447 | $4,717 | $1,730 | — | — |