Plan Snapshot
- Plan Sponsor: Holland Pump Company
- Sponsor EIN: 650921051
- Sponsor Address: 7312 WEST PORT PLACE, WEST PALM BEACH, FL, 33413
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $5.2M
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 | 101 | $5.2M | $72,199 | $472,363 |
| 2023 | 138 | $4.7M | $77,099 | $435,190 |
| 2022 | 119 | $3.5M | $0 | $289,408 |
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 |
|---|---|---|---|---|
| WALTERS & ASSOCIATES, 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 | $2,848 | $863 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |