Plan Snapshot
- Plan Sponsor: Horizon Ag Products, LP
- Sponsor EIN: 202393205
- Sponsor Address: 1819 DENVER WEST DRIVE SUITE 350, GOLDEN, CO, 804013118
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $9.5M
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. |
|---|---|---|---|---|
| 2024 | 130 | $9.5M | $331,201 | $949,936 |
| 2023 | 100 | $7.0M | $256,671 | $710,130 |
| 2022 | 93 | $5.8M | $209,290 | $595,287 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $50,168 | — | $50,168 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,168
- Estimated Expense Ratio: 0.529% 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 | $55,263 | — | $55,263 | — | — |
| 2023 | $27,472 | $18,330 | — | — | — |
| 2022 | $25,748 | $17,855 | — | — | — |