Plan Snapshot
- Plan Sponsor: Paddle Acquisition INC.
- Sponsor EIN: 352677554
- Sponsor Address: 575 MAULDIN ROAD, GREENVILLE, SC, 29607
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $7.3M
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 | 154 | $7.3M | $311,292 | $467,572 |
| 2023 | 362 | $6.5M | $133,899 | $397,357 |
| 2022 | 262 | $4.5M | $150,972 | $435,912 |
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 |
|---|---|---|---|---|
| BERNARD ROBINSON & COMPANY, L.L.P. | Auditor | $40,136 | — | $40,136 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD ROBINSON & COMPANY, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,136
- Estimated Expense Ratio: 0.551% 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 | $83,968 | $18,664 | — | $40,136 | — |
| 2023 | $39,388 | $16,553 | — | — | — |
| 2022 | $57,993 | $19,062 | — | — | $38,931 |