Plan Snapshot
- Plan Sponsor: Packless Industries
- Sponsor EIN: 231599014
- Sponsor Address: 8401 IMPERIAL DR, WACO, TX, 76712
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $9.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 172 | $9.1M | $266,327 | $675,583 |
| 2023 | 184 | $7.7M | $255,090 | $620,705 |
| 2022 | 174 | $6.3M | $232,847 | $592,588 |
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 |
|---|---|---|---|---|
| PATTILLO, BROWN & HILL, LLP | NONE | $21,763 | — | $21,763 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PATTILLO, BROWN & HILL, LLP — NONE
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,763
- Estimated Expense Ratio: 0.240% 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 | $35,132 | $12,817 | $22,315 | — | — |
| 2023 | $49,849 | $21,532 | $28,317 | — | — |
| 2022 | $26,950 | $13,350 | $13,600 | — | — |