Plan Snapshot
- Plan Sponsor: Howard Companies, LLC
- Sponsor EIN: 825245412
- Sponsor Address: 2916 KENTUCKY AVENUE, INDIANAPOLIS, IN, 46221
- Plan Type: 401(k)
- Total Participants: 445
- Total Assets: $18.1M
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 | 445 | $18.1M | $1.2M | $1.7M |
| 2023 | 344 | $9.6M | $648,102 | $1.2M |
| 2022 | 340 | $7.4M | $607,896 | $1.1M |
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 |
|---|---|---|---|---|
| SHEPHERD FINANCIAL INVESTMENT ADVIS | INVESTMENT ADVISOR | $34,588 | — | $34,588 |
| CBIZ CPA'S PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,588
- Estimated Expense Ratio: 0.191% 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 | $34,588 | $34,588 | — | — | — |
| 2023 | $22,769 | $22,769 | — | — | — |
| 2022 | $13,903 | — | $13,903 | — | — |