Plan Snapshot
- Plan Sponsor: Smoothie King Franchises, INC.
- Sponsor EIN: 721119008
- Sponsor Address: 9797 ROMBAUER RD, DALLAS, TX, 75019
- Plan Type: 401(k)
- Total Participants: 399
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 399 | $11.8M | $794,099 | $1.3M |
| 2023 | 225 | $9.3M | $338,330 | $1.1M |
| 2022 | 202 | $6.6M | $279,065 | $955,389 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $53,124 | — | $53,124 |
| CREATIVE PLANNING LLC | ADVISOR | $16,272 | — | $16,272 |
| BVWD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,396
- Estimated Expense Ratio: 0.587% 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 | $69,396 | $16,272 | — | — | — |
| 2023 | $57,382 | $11,707 | $300 | — | — |
| 2022 | $51,960 | — | — | — | — |