Plan Snapshot
- Plan Sponsor: Habemco, LLC
- Sponsor EIN: 832117738
- Sponsor Address: 635 E STATE HWY 20, A, UPPER LAKE, CA, 95485
- Plan Type: 401(k)
- Total Participants: 247
- 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 | 247 | $7.3M | $386,064 | $869,224 |
| 2023 | 289 | $5.5M | $329,447 | $694,407 |
| 2022 | 234 | $4.6M | $243,053 | $576,856 |
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 |
|---|---|---|---|---|
| CBIZ CPAS, PC | 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 | $49,206 | $16,294 | $32,912 | — | — |
| 2023 | $38,712 | $12,656 | $24,034 | $2,022 | — |
| 2022 | $21,937 | — | $21,937 | — | — |