Plan Snapshot
- Plan Sponsor: Johns Eastern Company, INC.
- Sponsor EIN: 591115663
- Sponsor Address: 6015 RESOURCE LANE, BRADENTON, FL, 34202
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 257
- Total Assets: $37.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 257 | $37.0M | $720,351 | $1.4M |
| 2022 | 262 | $31.4M | $660,536 | $1.3M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH RETIREMENT & BENEFIT | Other Service Provider | $56,094 | — | $56,094 |
| ASCENSUS LLC | Other Service Provider | $33,422 | — | $33,422 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,516
- Estimated Expense Ratio: 0.242% 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 | $89,516 | $56,094 | $33,422 | — | — |
| 2022 | $83,481 | $52,866 | $30,615 | — | — |