Plan Snapshot
- Plan Sponsor: Headwaters Salons, LLC
- Sponsor EIN: 810532833
- Sponsor Address: 5 MICROWAVE HILL RD., SUITE C, MONTANA CITY, MT, 59634
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $3.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 182 | $3.4M | $216,256 | $301,223 |
| 2023 | 172 | $2.8M | $215,731 | $319,666 |
| 2022 | 181 | $2.1M | $205,597 | $299,099 |
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 |
|---|---|---|---|---|
| JCCS, P.C. | 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 | $43,993 | $17,428 | — | — | — |
| 2023 | $52,907 | $28,082 | — | — | — |
| 2022 | $23,618 | $9,880 | — | — | — |