Plan Snapshot
- Plan Sponsor: Granite Tops, LLC
- Sponsor EIN: 200944575
- Sponsor Address: 1480 PRAIRIE DRIVE, COLD SPRING, MN, 56320
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $7.9M
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 | 88 | $7.9M | $107,773 | $342,153 |
| 2023 | 85 | $6.8M | $114,465 | $334,770 |
| 2022 | 89 | $6.0M | $114,577 | $308,920 |
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 ANNUITY INSURANCE COMPANY O | Recordkeeper | $16,016 | — | $16,016 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,016
- Estimated Expense Ratio: 0.204% 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 | $950 | — | $950 | — | — |
| 2023 | $13,345 | — | — | — | — |
| 2022 | $1,939 | — | $1,939 | — | — |