Plan Snapshot
- Plan Sponsor: The Pictsweet Company
- Sponsor EIN: 741264568
- Sponsor Address: TEN PICTSWEET DRIVE, BELLS, TN, 380060119
- Plan Type: 401(k)
- Total Participants: 1,138
- Total Assets: $41.7M
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 | 1,138 | $41.7M | $1.7M | $3.1M |
| 2023 | 1,183 | $35.9M | $1.7M | $2.9M |
| 2022 | 1,241 | $29.2M | $1.6M | $2.8M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $181,322 | — | $181,322 |
| BUCKINGHAM STRATEGIC WEALTH | SERVICE PROVIDER | — | $99,294 | $99,294 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BUCKINGHAM STRATEGIC WEALTH — SERVICE PROVIDER
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $280,616
- Estimated Expense Ratio: 0.674% 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 | $181,322 | — | $178,622 | — | — |
| 2023 | $145,793 | — | $143,743 | — | — |
| 2022 | $145,423 | — | — | — | — |