Plan Snapshot
- Plan Sponsor: July Business Services
- Sponsor EIN: 742715820
- Sponsor Address: P.O. BOX 2208, WACO, TX, 76703
- Plan Type: 401(k)
- Total Participants: 3,275
- Total Assets: $48.2M
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 | 3,275 | $48.2M | $4.8M | $9.8M |
| 2023 | 1,659 | $25.7M | $3.4M | $6.1M |
| 2022 | 1,125 | $11.3M | $1.3M | $2.9M |
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 |
|---|---|---|---|---|
| JULY BUSINESS SERVICES | RECORD KEEPER | $326,266 | — | $326,266 |
| HOLBROOK & MANTER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $326,266
- Estimated Expense Ratio: 0.677% 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 | $326,266 | — | $326,266 | — | — |
| 2023 | $187,584 | — | $187,584 | — | — |
| 2022 | $57,334 | — | $57,334 | — | — |