Plan Snapshot
- Plan Sponsor: V.G. Reed & Sons, INC.
- Sponsor EIN: 610561589
- Sponsor Address: 1002 SOUTH 12TH STREET, LOUISVILLE, KY, 40210
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 83 | $10.4M | $68,539 | $371,054 |
| 2023 | 85 | $10.3M | $62,378 | $335,642 |
| 2022 | 81 | $9.1M | $61,414 | $322,290 |
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 & OSTRO | 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 | $1,853 | — | — | — | — |
| 2023 | $1,723 | — | — | — | — |
| 2022 | $1,748 | $1,949 | -$201 | — | — |