Plan Snapshot
- Plan Sponsor: Axial Healthcare
- Sponsor EIN: 461391071
- Sponsor Address: 209 10TH AVE S STE 350, NASHVILLE, TN, 37203
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $11.5M
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 | 206 | $11.5M | $758,236 | $1.4M |
| 2023 | 217 | $8.8M | $599,604 | $1.2M |
| 2022 | 155 | $5.6M | $437,209 | $845,038 |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
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 | $108,259 | — | $108,259 | — | — |
| 2023 | $14,209 | — | $2,300 | — | — |
| 2022 | $10,967 | — | — | — | — |