Plan Snapshot
- Plan Sponsor: John Deere Kernersville, LLC
- Sponsor EIN: 371232263
- Sponsor Address: PO BOX 1187, KERNERSVILLE, NC, 27285
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 694
- Total Assets: $80.4M
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. |
|---|---|---|---|---|
| 2023 | 694 | $80.4M | $5.0M | $4.9M |
| 2022 | 632 | $66.9M | $2.6M | $4.1M |
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 |
|---|---|---|---|---|
| COMPERIO RETIREMENT CONSULTING, IN | Other Service Provider | $26,084 | — | $26,084 |
| FORVIS LLP | Auditor | $16,519 | — | $16,519 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,603
- Estimated Expense Ratio: 0.053% 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 |
|---|---|---|---|---|---|
| 2023 | $33,474 | — | $1,200 | $16,519 | — |
| 2022 | $38,664 | — | — | — | — |