Plan Snapshot
- Plan Sponsor: Baptist Ventures INC.
- Sponsor EIN: 630837260
- Sponsor Address: PO BOX 11010, MONTGOMERY, AL, 361110010
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $10.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 112 | $10.4M | $0 | $395,254 |
| 2023 | 108 | $9.8M | $0 | $397,818 |
| 2022 | 107 | $9.0M | $0 | $400,729 |
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 |
|---|---|---|---|---|
| JACKSON THORNTON & CO., PC | 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 | $9,734 | — | — | — | — |
| 2023 | $10,211 | — | — | — | — |
| 2022 | $10,106 | — | — | — | — |