Plan Snapshot
- Plan Sponsor: I.G. Burton And Company, INC.
- Sponsor EIN: 510102421
- Sponsor Address: 793 BAY ROAD, MILFORD, DE, 19963
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 570
- Total Assets: $32.3M
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. |
|---|---|---|---|---|
| 2025 | 570 | $32.3M | $0 | $0 |
| 2024 | 394 | $28.4M | $430,289 | $2.2M |
| 2023 | 348 | $25.0M | $437,897 | $2.0M |
| 2022 | 282 | $20.6M | $424,679 | $1.9M |
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 |
|---|---|---|---|---|
| HIGHTOWER ADVISORS, LLC | Investment Advisor | $43,309 | — | $43,309 |
| ADP, INC. | Recordkeeper | $29,022 | — | $29,022 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,331
- Estimated Expense Ratio: 0.224% 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 |
|---|---|---|---|---|---|
| 2025 | $4,168,797 | $43,309 | — | — | — |
| 2024 | $125,861 | $39,439 | — | — | — |
| 2023 | $101,049 | $32,424 | — | — | — |
| 2022 | $70,148 | — | — | — | — |