Plan Snapshot
- Plan Sponsor: Houff Transfer, INC.
- Sponsor EIN: 540486013
- Sponsor Address: P.O. BOX 220, WEYERS CAVE, VA, 244860220
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $18.9M
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 | 99 | $18.9M | $342,260 | $444,030 |
| 2023 | 104 | $21.1M | $324,252 | $471,623 |
| 2022 | 112 | $18.5M | $363,053 | $574,865 |
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 |
|---|---|---|---|---|
| MORRIS & WELLS WEALTH MANAGEMENT | NONE | $41,411 | — | $41,411 |
| JANNEY MONTGOMERY SCOTT LLC | NONE | $34,731 | — | $34,731 |
| ELMORE, HUPP & COMPANY, PLC | NONE | $13,175 | — | $13,175 |
| ACTUARIAL BENEFITS & DESIGN COMPANY | NONE | $11,871 | — | $11,871 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORRIS & WELLS WEALTH MANAGEMENT — NONE
- JANNEY MONTGOMERY SCOTT LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,188
- Estimated Expense Ratio: 0.535% 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 | $136,710 | $76,151 | $11,871 | $13,175 | — |
| 2023 | $140,231 | $77,419 | — | — | — |
| 2022 | $151,773 | $89,678 | — | — | $62,095 |