Plan Snapshot
- Plan Sponsor: Sorrento Lumber Co., INC.
- Sponsor EIN: 720803531
- Sponsor Address: P.O. BOX 146, SORRENTO, LA, 70778
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 165
- Total Assets: $3.1M
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. |
|---|---|---|---|---|
| 2025 | 165 | $3.1M | $0 | $0 |
| 2024 | 88 | $2.6M | $176,234 | $263,380 |
| 2023 | 105 | $2.5M | $173,839 | $258,428 |
| 2022 | 97 | $2.1M | $173,928 | $274,719 |
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 |
|---|---|---|---|---|
| DAIGREPONT AND BRIAN, APAC | 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 |
|---|---|---|---|---|---|
| 2025 | $397,491 | $1,975 | — | — | — |
| 2024 | $1,875 | $1,875 | — | — | — |
| 2023 | $1,550 | — | $1,550 | — | — |
| 2022 | $775 | — | $775 | — | — |