Plan Snapshot
- Plan Sponsor: Palmetto Propane, Fuels, And Ice, INC.
- Sponsor EIN: 570744136
- Sponsor Address: 131 W. CHURCH STREET, BATESBURG, SC, 29006
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $3.1M
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 | 100 | $3.1M | $61,750 | $327,532 |
| 2023 | 101 | $3.7M | $75,443 | $301,895 |
| 2022 | 109 | $2.8M | $56,415 | $257,761 |
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 |
|---|---|---|---|---|
| LONGLEAF ADVISORY SERVICES | INVESTMENT ADVISOR | $17,227 | — | $17,227 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | RECORDKEEPER | $11,058 | — | $11,058 |
| MCGREGOR & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCGREGOR & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,285
- Estimated Expense Ratio: 0.921% 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 | $27,260 | — | $27,260 | — | — |
| 2023 | $21,574 | — | $21,574 | — | — |
| 2022 | $19,727 | — | $19,727 | — | — |