Plan Snapshot
- Plan Sponsor: Balch & Bingham LLP
- Sponsor EIN: 630328165
- Sponsor Address: 1901 6TH AVE N SUITE 1500, BIRMINGHAM, AL, 352034642
- Plan Type: 401(k)
- Total Participants: 354
- Total Assets: $315.0M
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 | 354 | $315.0M | $6.7M | $4.2M |
| 2023 | 353 | $296.8M | $6.7M | $4.2M |
| 2022 | 351 | $254.0M | $6.3M | $3.8M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | Other Service Provider | $82,008 | — | $82,008 |
| PEARCE, BEVILL, LEESBURG, MOORE P.C | Other Service Provider | $70,341 | — | $70,341 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $70,209 | — | $70,209 |
| BURR & FORMAN LLP | ERISA Attorney | $17,738 | — | $17,738 |
| PIERSON FERDINAND LLP | ERISA Attorney | $14,775 | — | $14,775 |
| PRINCIPAL FINANCIAL GROUP | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BURR & FORMAN LLP — ERISA Attorney
- PIERSON FERDINAND LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $260,071
- Estimated Expense Ratio: 0.083% 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 | $207,225 | $42,622 | — | $34,457 | — |
| 2023 | $381,246 | $119,300 | — | $33,730 | — |
| 2022 | $231,380 | $50,000 | $79,963 | — | $44,434 |