Plan Snapshot
- Plan Sponsor: Blankenship Cpa Group, PLLC
- Sponsor EIN: 450491842
- Sponsor Address: 101 WINNERS CIRCLE, SUITE 100, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 168
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 168 | $13.0M | $365,753 | $1.2M |
| 2023 | 149 | $10.5M | $269,116 | $1.1M |
| 2022 | 137 | $8.4M | $273,648 | $949,107 |
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 |
|---|---|---|---|---|
| SAGESPRING WEALTH PARTNERS | Investment Advisor | $40,614 | — | $40,614 |
| CAPITAL GROUP RETIREMENT PLAN SER. | Recordkeeper | $15,241 | — | $15,241 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,855
- Estimated Expense Ratio: 0.430% 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 | $56,965 | — | $56,965 | — | — |
| 2023 | $49,226 | $46,811 | $2,415 | — | — |
| 2022 | $45,140 | $44,120 | $1,020 | — | — |