Plan Snapshot
- Plan Sponsor: Tierra, INC.
- Sponsor EIN: 593154723
- Sponsor Address: 7351 TEMPLE TERRACE HIGHWAY, TAMPA, FL, 33637
- Plan Type: 401(k)
- Total Participants: 3
- Total Assets: $15.5M
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 | 3 | $15.5M | $460,497 | $1.0M |
| 2023 | 172 | $13.5M | $424,091 | $1.0M |
| 2022 | 168 | $10.8M | $383,834 | $911,499 |
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 |
|---|---|---|---|---|
| BELLA HERMIDA VALIENTE PA | 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 | $37,298 | $33,664 | — | — | — |
| 2023 | $30,729 | $27,178 | — | — | — |
| 2022 | $30,606 | — | — | — | — |