Plan Snapshot
- Plan Sponsor: Sierra Development Company
- Sponsor EIN: 880089063
- Sponsor Address: P.O. BOX 2071, RENO, NV, 89509
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $3.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 220 | $3.0M | $0 | $143,544 |
| 2023 | 221 | $2.9M | $17,183 | $154,044 |
| 2022 | 262 | $2.6M | $2,926 | $181,451 |
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 |
|---|---|---|---|---|
| KELLY PARTNERS (FRS) ATTEST SERVICE | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,500
- Estimated Expense Ratio: 0.280% 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 | $72,250 | $6,061 | — | $8,500 | — |
| 2023 | $49,138 | $49,138 | — | — | — |
| 2022 | $65,471 | $65,471 | — | — | — |