Plan Snapshot
- Plan Sponsor: Us Salt, LLC
- Sponsor EIN: 593525498
- Sponsor Address: 3580 SALT POINT ROAD, WATKINS GLEN, NY, 14891
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $16.2M
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 | 212 | $16.2M | $493,217 | $939,684 |
| 2023 | 185 | $15.6M | $521,852 | $816,498 |
| 2022 | 154 | $12.4M | $397,958 | $758,881 |
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 |
|---|---|---|---|---|
| CROWE, LLP | 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 | $94,252 | $29,806 | — | — | — |
| 2023 | $61,000 | $25,909 | $34,966 | — | — |
| 2022 | $61,093 | $27,057 | $33,986 | — | — |