Plan Snapshot
- Plan Sponsor: Southport Forest Products, LLC
- Sponsor EIN: 931246313
- Sponsor Address: 90800 TRANS-PACIFIC LN, COOS BAY, OR, 97420
- Plan Type: 401(k)
- Total Participants: 161
- Total Assets: $9.6M
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 | 161 | $9.6M | $408,546 | $761,989 |
| 2023 | 157 | $7.7M | $369,879 | $699,950 |
| 2022 | 152 | $6.4M | $352,007 | $696,504 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
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 | $7,513 | — | $2,713 | — | — |
| 2023 | $1,040 | — | $1,040 | — | — |
| 2022 | $1,490 | — | $1,490 | — | — |