Plan Snapshot
- Plan Sponsor: Howard Industries, INC.
- Sponsor EIN: 640466143
- Sponsor Address: 36 HOWARD DRIVE, ELLISVILLE, MS, 39437
- Plan Type: DC
- Total Participants: 339
- Total Assets: $470,479
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 339 | $470,479 | $0 | $33,874 |
| 2023 | 163 | $476,523 | $0 | $32,783 |
| 2022 | 179 | $423,909 | $0 | $32,139 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $5,443 | — | $5,443 |
| HORNE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HORNE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,443
- Estimated Expense Ratio: 1.157% 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 | $7,843 | — | $7,843 | — | — |
| 2023 | $6,396 | — | $6,396 | — | — |
| 2022 | $5,411 | — | $5,411 | — | — |