Plan Snapshot
- Plan Sponsor: Pak Lite
- Sponsor EIN: 581121616
- Sponsor Address: 550 OLD PEACHTREE RD NW, SUWANEE, GA, 30024
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $5.9M
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 | 80 | $5.9M | $1 | $535,894 |
| 2023 | 185 | $11.8M | $0 | $901,245 |
| 2022 | 181 | $10.2M | $0 | $789,485 |
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 |
|---|---|---|---|---|
| JMM CPA | Auditor | — | — | $0 |
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 | $38,939 | $15,649 | $23,290 | — | — |
| 2023 | $49,163 | $21,776 | $27,387 | — | — |
| 2022 | $50,132 | $337 | $49,795 | — | — |