Plan Snapshot
- Plan Sponsor: Skagit Horticulture, L.L.C.
- Sponsor EIN: 813025223
- Sponsor Address: 14113 RIVER BEND RD., MOUNT VERNON, WA, 982737288
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $3.5M
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 | 0 | $3.5M | $72,591 | $160,413 |
| 2023 | 296 | $4.5M | $171,146 | $352,613 |
| 2022 | 245 | $4.8M | $0 | $321,074 |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC | Investment Advisor | $16,000 | — | $16,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,000
- Estimated Expense Ratio: 0.454% 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 | $15,034 | — | $15,034 | — | — |
| 2023 | $22,006 | — | $22,006 | — | — |
| 2022 | $31,234 | — | — | — | $31,234 |