Plan Snapshot
- Plan Sponsor: The Beverage Market, LLC
- Sponsor EIN: 863451424
- Sponsor Address: 601 MAIN STREET, HAZARD, KY, 41701
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $6.7M
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 | 121 | $6.7M | $261,381 | $524,187 |
| 2023 | 98 | $5.1M | $204,923 | $434,574 |
| 2022 | 97 | $4.3M | $172,573 | $389,197 |
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 |
|---|---|---|---|---|
| DEMING, MALONE, LIVESAY, & OSTROFF | 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 | $9,073 | — | $9,073 | — | — |
| 2023 | $29,068 | — | $29,068 | — | — |
| 2022 | $23,055 | — | $23,055 | — | — |