Plan Snapshot
- Plan Sponsor: Watkins Distributing, Sales & Service
- Sponsor EIN: 820422918
- Sponsor Address: 518 DEL DR., JEROME, ID, 83338
- Plan Type: 401(k)
- Total Participants: 205
- Total Assets: $26.4M
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 | 205 | $26.4M | $526,272 | $717,658 |
| 2023 | 157 | $22.5M | $410,204 | $589,099 |
| 2022 | 139 | $19.5M | $629,233 | $485,739 |
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 |
|---|---|---|---|---|
| LEAVITT, CHRISTENSEN & CO. | Auditor | $8,650 | — | $8,650 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEAVITT, CHRISTENSEN & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,650
- Estimated Expense Ratio: 0.033% 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 | $63,371 | $41,034 | $12,754 | $8,650 | — |
| 2023 | $57,867 | $35,966 | $13,526 | $8,350 | — |
| 2022 | $52,613 | $36,262 | $650 | — | $15,701 |