Plan Snapshot
- Plan Sponsor: Pipe & Steel Industrial Fabricators, INC.
- Sponsor EIN: 721465454
- Sponsor Address: 9461 ARNOLD ROAD, DENHAM SPRINGS, LA, 70726
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 203
- Total Assets: $3.3M
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 | 203 | $3.3M | $0 | $0 |
| 2024 | 153 | $2.3M | $141,890 | $351,506 |
| 2023 | 141 | $1.8M | $69,325 | $327,858 |
| 2022 | 105 | $1.3M | $0 | $239,975 |
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 |
|---|---|---|---|---|
| EDWARD JONES | Investment Advisor | $12,590 | — | $12,590 |
| DARNALL, SIKES, GARDES & FREDERICK | Other Service Provider | $11,500 | — | $11,500 |
| CAPITAL GROUP RETIREMENT PLAN SERVI | Recordkeeper | $7,278 | — | $7,278 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,368
- Estimated Expense Ratio: 0.937% 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 | $166,072 | — | $20,223 | — | — |
| 2024 | $22,020 | — | $22,020 | — | — |
| 2023 | $11,026 | — | $11,026 | — | — |
| 2022 | $16,495 | — | $16,495 | — | — |