Plan Snapshot
- Plan Sponsor: Greenheart Farms, INC.
- Sponsor EIN: 953622537
- Sponsor Address: PO BOX 1510, ARROYO GRANDE, CA, 93421
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $7.3M
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 | 115 | $7.3M | $151,197 | $253,755 |
| 2023 | 107 | $7.3M | $147,716 | $252,146 |
| 2022 | 78 | $7.0M | $168,702 | $277,173 |
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 |
|---|---|---|---|---|
| YOUNGER AND COMPANY, CPAS | Auditor | — | — | $0 |
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 | $32,442 | $28,243 | — | — | — |
| 2023 | $29,021 | $25,808 | — | — | — |
| 2022 | $27,189 | — | — | — | — |