Plan Snapshot
- Plan Sponsor: Silver Springs Bottled Water Co.
- Sponsor EIN: 650238875
- Sponsor Address: 2445 NW 42ND STREET, OCALA, FL, 34475
- Plan Type: 401(k)
- Total Participants: 300
- Total Assets: $12.3M
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 | 300 | $12.3M | $431,050 | $756,354 |
| 2023 | 273 | $10.6M | $375,955 | $676,002 |
| 2022 | 260 | $9.1M | $355,402 | $640,776 |
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 |
|---|---|---|---|---|
| PURVIS GRAY AND COMPANY 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 | $11,377 | — | $11,377 | — | — |
| 2023 | $11,776 | — | $11,776 | — | — |
| 2022 | $13,232 | — | $13,232 | — | — |