Plan Snapshot
- Plan Sponsor: Holmes Foods INC.
- Sponsor EIN: 741404989
- Sponsor Address: 101 SOUTH LIBERTY AVENUE, NIXON, TX, 78140
- Plan Type: 401(k)
- Total Participants: 487
- Total Assets: $13.0M
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 | 487 | $13.0M | $494,637 | $824,748 |
| 2023 | 463 | $11.3M | $415,402 | $738,345 |
| 2022 | 526 | $9.8M | $392,298 | $672,196 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $60,163 | — | $60,163 |
| RMS US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- RMS US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,163
- Estimated Expense Ratio: 0.464% 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 |
|---|---|---|---|---|---|
| 2024 | $59,371 | $2,496 | $53,375 | — | — |
| 2023 | $51,407 | $2,112 | $46,070 | — | — |
| 2022 | $61,253 | — | $61,253 | — | — |