Plan Snapshot
- Plan Sponsor: Grayback Forestry, INC.
- Sponsor EIN: 930730231
- Sponsor Address: P O BOX 838, MERLIN, OR, 97532
- Plan Type: 401(k)
- Total Participants: 315
- Total Assets: $8.3M
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 | 315 | $8.3M | $130,918 | $488,509 |
| 2023 | 286 | $7.1M | $78,753 | $377,700 |
| 2022 | 326 | $6.0M | $278,459 | $345,813 |
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 |
|---|---|---|---|---|
| BENECO SYSTEMS, LLC | NONE | $76,756 | — | $76,756 |
| FARBER HASS HURLEY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FARBER HASS HURLEY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,756
- Estimated Expense Ratio: 0.927% 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 | $76,756 | $30,549 | $2,540 | — | — |
| 2023 | $70,437 | $37,346 | $3,125 | — | — |
| 2022 | $49,474 | $26,987 | $22,487 | — | — |