Plan Snapshot
- Plan Sponsor: Prp Logistics LLC
- Sponsor EIN: 822115715
- Sponsor Address: 101 E TOWN PLACE, ST. AUGUSTINE, FL, 32092
- Plan Type: 401(k)
- Total Participants: 430
- Total Assets: $2.0M
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. |
|---|---|---|---|---|
| 2024 | 430 | $2.0M | $99,383 | $776,610 |
| 2023 | 342 | $1.4M | $0 | $742,340 |
| 2022 | 422 | $960,693 | $0 | $746,884 |
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 |
|---|---|---|---|---|
| JASON UNDERWOOD CPA, PLLC | Auditor | $13,732 | — | $13,732 |
| JOHN HANCOCK | RETAINED BY EMPLOYER | $9,565 | — | $9,565 |
| ADP, INC. | PRIOR RECORD KEEPER | $9,217 | — | $9,217 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JASON UNDERWOOD CPA, PLLC — Auditor
- JOHN HANCOCK — RETAINED BY EMPLOYER
- ADP, INC. — PRIOR RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,514
- Estimated Expense Ratio: 1.593% 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 | $25,247 | $1,950 | $9,565 | $13,732 | — |
| 2023 | $29,209 | $5,246 | — | — | — |
| 2022 | $22,890 | — | — | — | — |