Plan Snapshot
- Plan Sponsor: New Wood Resources, LLC
- Sponsor EIN: 352485150
- Sponsor Address: 1487 S CHURCH AVE, LOUISVILLE, MS, 39339
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $6.7M
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. |
|---|---|---|---|---|
| 2024 | 242 | $6.7M | $267,589 | $494,447 |
| 2023 | 281 | $5.5M | $329,617 | $554,753 |
| 2022 | 236 | $5.5M | $170,767 | $568,327 |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $24,454 | $41 | — | — | — |
| 2023 | $15,800 | $4 | — | — | — |
| 2022 | $22,603 | — | — | — | — |