Plan Snapshot
- Plan Sponsor: Showa Best Glove, INC
- Sponsor EIN: 260802920
- Sponsor Address: PO BOX 8, MENLO, GA, 307310008
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $11.8M
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 | 145 | $11.8M | $155,055 | $523,631 |
| 2023 | 139 | $12.4M | $207,438 | $520,483 |
| 2022 | 306 | $12.8M | $233,465 | $698,001 |
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 |
|---|---|---|---|---|
| READ, MARTIN & SLICKMAN, CPAS, LLP | 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 | $775 | — | — | — | — |
| 2023 | $475 | — | — | — | — |
| 2022 | $850 | — | — | — | — |