Plan Snapshot
- Plan Sponsor: National Beverage Corp.
- Sponsor EIN: 592605822
- Sponsor Address: 8050 SW 10TH ST STE 4000, PLANTATION, FL, 333243224
- Plan Type: 401(k)
- Total Participants: 1,647
- Total Assets: $89.2M
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 | 1,647 | $89.2M | $1.0M | $5.8M |
| 2023 | 1,417 | $81.5M | $2.7M | $2.5M |
| 2022 | 1,289 | $72.8M | $850,000 | $5.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $229,029 | — | $229,029 |
| SAGEVIEW ADVISORY GROUP, LLC | INVESTMENT ADVISORY | — | $57,736 | $57,736 |
| RAMOS & FLOYD CPAS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — INVESTMENT ADVISORY
- RAMOS & FLOYD CPAS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $286,765
- Estimated Expense Ratio: 0.322% 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 | $229,030 | — | $229,030 | — | — |
| 2023 | $118,752 | — | $118,752 | — | — |
| 2022 | $160,266 | $54,333 | $89,961 | — | $13,747 |