Plan Snapshot
- Plan Sponsor: R. W. Griffin Feed Seed & Fertilizer, INC.
- Sponsor EIN: 581095836
- Sponsor Address: 420 S. PEARL AVENUE, DOUGLAS, GA, 31533
- Plan Type: 401(k)
- Total Participants: 489
- Total Assets: $23.5M
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 | 489 | $23.5M | $619,865 | $1.0M |
| 2023 | 435 | $20.5M | $518,522 | $1.0M |
| 2022 | 442 | $17.1M | $513,247 | $920,988 |
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 |
|---|---|---|---|---|
| CLEMENTS PURVIS & STEWART CPA P | Auditor | $13,283 | — | $13,283 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,283
- Estimated Expense Ratio: 0.057% 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 | $97,615 | $64,891 | — | $13,283 | — |
| 2023 | $66,573 | $51,649 | — | $14,924 | — |
| 2022 | $22,475 | — | $22,475 | — | — |