Plan Snapshot
- Plan Sponsor: Ave Maria Home
- Sponsor EIN: 620561701
- Sponsor Address: 2805 CHARLES BRYAN ROAD, MEMPHIS, TN, 38134
- Plan Type: 401(k)
- Total Participants: 210
- Total Assets: $2.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 210 | $2.2M | $63,379 | $204,690 |
| 2023 | 170 | $1.9M | $72,053 | $268,161 |
| 2022 | 172 | $1.7M | $66,792 | $220,430 |
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 |
|---|---|---|---|---|
| CANNON WRIGHT BLOUNT, PLLC | 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 | $19,722 | — | $10,229 | — | — |
| 2023 | $16,674 | — | $8,513 | — | — |
| 2022 | $15,913 | — | $144 | — | $15,418 |