Plan Snapshot
- Plan Sponsor: Appalachian Orthopaedic Associates, P.C.
- Sponsor EIN: 621654377
- Sponsor Address: 4105 FORT HENRY DRIVE, SUITE 300, KINGSPORT, TN, 37663
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $22.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 134 | $22.7M | $777,776 | $463,525 |
| 2023 | 140 | $21.6M | $688,475 | $449,169 |
| 2022 | 107 | $18.7M | $603,523 | $402,397 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $39,162 | $13 | $39,175 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $17,426 | — | $17,426 |
| QUALIFIED PLAN ADMINISTRATORS, INC | Recordkeeper | $400 | $8,284 | $8,684 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,285
- Estimated Expense Ratio: 0.287% 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 | $62,485 | $19,581 | $17,826 | — | — |
| 2023 | $56,533 | $4,828 | — | — | — |
| 2022 | $55,528 | $22,447 | $15,518 | — | $17,563 |