Plan Snapshot
- Plan Sponsor: Palmer Holland, INC.
- Sponsor EIN: 340764574
- Sponsor Address: 191 AMERICAN BLVD SUITE 100, WESTLAKE, OH, 44145
- Plan Type: DC
- Total Participants: 234
- Total Assets: $35.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 234 | $35.9M | $942,235 | $2.3M |
| 2023 | 222 | $30.4M | $1.0M | $2.1M |
| 2022 | 185 | $23.4M | $619,498 | $1.5M |
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 |
|---|---|---|---|---|
| COHEN AND COMPANY, LTD | 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 | $102,981 | $68,990 | $33,991 | — | — |
| 2023 | $85,146 | $58,701 | $26,445 | — | — |
| 2022 | $61,062 | $41,564 | $19,498 | — | — |