Plan Snapshot
- Plan Sponsor: Pelican Intl Usa LLC
- Sponsor EIN: 392227073
- Sponsor Address: 575 MAULDIN ROAD, GREENVILLE, SC, 29607
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 172
- Total Assets: $8.0M
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. |
|---|---|---|---|---|
| 2025 | 172 | $8.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| NWPS | Other Service Provider | $19,736 | — | $19,736 |
| IFP ADVISORS, INC. DBA INDEPENDENT | Other Service Provider | $19,490 | — | $19,490 |
| BERNARD ROBINSON & COMPANY, L.L.P. | Other Service Provider | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,226
- Estimated Expense Ratio: 0.681% 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 |
|---|---|---|---|---|---|
| 2025 | $1,133,641 | $19,490 | — | $15,000 | — |