Plan Snapshot
- Plan Sponsor: Salamander Farms, L.L.C.
- Sponsor EIN: 010636881
- Sponsor Address: 3074 ZULLA ROAD, THE PLAINS, VA, 20198
- Plan Type: 401(k)
- Total Participants: 1,187
- Total Assets: $41.3M
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 | 1,187 | $41.3M | $1.1M | $4.3M |
| 2023 | 1,195 | $35.6M | $1.3M | $4.3M |
| 2022 | 1,408 | $27.2M | $711,428 | $2.6M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT, LLP | Auditor | $1,085 | — | $1,085 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,085
- Estimated Expense Ratio: 0.003% 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 | $107,611 | $8,500 | — | $1,085 | — |
| 2023 | $92,559 | $11,876 | — | $20,500 | — |
| 2022 | $77,606 | $23,752 | $53,854 | — | — |