Plan Snapshot
- Plan Sponsor: Pierce'S Flooring, INC.
- Sponsor EIN: 810229326
- Sponsor Address: PO BOX 80667, BILLINGS, MT, 591080667
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 187
- Total Assets: $16.2M
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. |
|---|---|---|---|---|
| 2025 | 187 | $16.2M | $0 | $0 |
| 2024 | 135 | $15.0M | $377,425 | $724,118 |
| 2023 | 145 | $14.7M | $412,805 | $762,045 |
| 2022 | 144 | $12.3M | $479,084 | $856,178 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL | Other Service Provider | $38,638 | — | $38,638 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $22,241 | — | $22,241 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,879
- Estimated Expense Ratio: 0.375% 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 | $1,943,816 | $38,638 | $22,240 | — | — |
| 2024 | $64,066 | $39,039 | $25,027 | — | — |
| 2023 | $54,735 | $32,807 | $21,928 | — | — |
| 2022 | $56,913 | $32,893 | $24,020 | — | — |