Plan Snapshot
- Plan Sponsor: Storer Equipment Company, Ltd.
- Sponsor EIN: 920179276
- Sponsor Address: 504 W 67TH ST, SHREVEPORT, LA, 71106
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $12.8M
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 | 134 | $12.8M | $373,877 | $772,039 |
| 2023 | 93 | $10.8M | $317,412 | $653,661 |
| 2022 | 98 | $8.7M | $283,793 | $566,487 |
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 |
|---|---|---|---|---|
| CARR, RIGTGS & INGRAM. L.L.C. | 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 | $52,092 | $7,589 | $44,503 | — | — |
| 2023 | $41,374 | $5,343 | — | — | — |
| 2022 | $39,940 | $3,723 | $36,217 | — | — |