Plan Snapshot
- Plan Sponsor: Hankins Lumber Co. INC.
- Sponsor EIN: 640522665
- Sponsor Address: 496 N. G TROUTT ROAD, ELLIOTT, MS, 38926
- Plan Type: 401(k)
- Total Participants: 163
- Total Assets: $2.5M
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 | 163 | $2.5M | $239,813 | $329,854 |
| 2023 | 149 | $1.9M | $227,853 | $299,802 |
| 2022 | 117 | $1.3M | $228,153 | $313,052 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $17,491 | — | $17,491 | — | — |
| 2023 | $12,445 | — | $12,445 | — | — |
| 2022 | $10,063 | — | $10,063 | — | — |