Plan Snapshot
- Plan Sponsor: Payson Fruit Growers Association
- Sponsor EIN: 870265523
- Sponsor Address: 1201 WEST 800 SOUTH, PAYSON, UT, 846512631
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $3.1M
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 | 65 | $3.1M | $163,652 | $176,902 |
| 2023 | 70 | $2.8M | $103,146 | $146,969 |
| 2022 | 72 | $2.6M | $104,476 | $174,353 |
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 |
|---|---|---|---|---|
| GILBERT & STEWART | 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 | $39,061 | — | $39,061 | — | — |
| 2023 | $32,866 | — | $32,866 | — | — |
| 2022 | $33,315 | — | — | — | $33,315 |