Plan Snapshot
- Plan Sponsor: Polaris Epc INC.
- Sponsor EIN: 721390948
- Sponsor Address: 212 PINE STREET, LAKE CHARLES, LA, 70601
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $10.5M
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 | 146 | $10.5M | $104,357 | $403,312 |
| 2023 | 205 | $10.0M | $139,397 | $575,363 |
| 2022 | 207 | $8.3M | $151,570 | $623,697 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,492 | $50,392 | $51,884 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,884
- Estimated Expense Ratio: 0.494% 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 |
|---|---|---|---|---|---|
| 2024 | $1,492 | — | $1,492 | — | — |
| 2023 | $760 | — | $760 | — | — |
| 2022 | $990 | — | $990 | — | — |