Plan Snapshot
- Plan Sponsor: Pitts Enterprises, INC.
- Sponsor EIN: 630703410
- Sponsor Address: 5734 PITTSVIEW HWY, PITTSVIEW, AL, 36871
- Plan Type: DC
- Total Participants: 181
- Total Assets: $4.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 181 | $4.3M | $350,000 | $0 |
| 2023 | 180 | $4.0M | $110,700 | $0 |
| 2022 | 158 | $5.3M | $215,807 | $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 |
|---|---|---|---|---|
| ROBINSON, GRIMES & COMPANY, P.C. | 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 | $3,042 | $2,692 | — | — | — |
| 2023 | $2,666 | — | — | — | — |
| 2022 | $16,037 | — | — | — | $15,867 |