Plan Snapshot
- Plan Sponsor: Harrell'S, LLC
- Sponsor EIN: 261595082
- Sponsor Address: 5105 NEW TAMPA HIGHWAY, LAKELAND, FL, 33815
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 560
- Total Assets: $74.8M
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. |
|---|---|---|---|---|
| 2025 | 560 | $74.8M | $0 | $0 |
| 2024 | 476 | $61.9M | $1.1M | $3.9M |
| 2023 | 412 | $56.0M | $1.0M | $3.7M |
| 2022 | 452 | $47.1M | $946,373 | $3.2M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL, LLC | Investment Advisor | $93,219 | — | $93,219 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $41,388 | — | $41,388 |
| BLUE RIDGE ESOP ASSOCIATES | Other Service Provider | $27,486 | — | $27,486 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,093
- Estimated Expense Ratio: 0.217% 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 |
|---|---|---|---|---|---|
| 2025 | $4,244,795 | $93,219 | $27,486 | — | — |
| 2024 | $12,194 | — | $12,194 | — | — |
| 2023 | $11,505 | — | $11,505 | — | — |
| 2022 | $6,287 | — | $6,287 | — | — |