Plan Snapshot
- Plan Sponsor: Boone Newsmedia, INC.
- Sponsor EIN: 630330777
- Sponsor Address: PO BOX 2370, TUSCALOOSA, AL, 35403
- Plan Type: DC
- Total Participants: 276
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 276 | $9.0M | $66,275 | $515,543 |
| 2023 | 363 | $12.3M | $67,168 | $603,473 |
| 2022 | 388 | $11.3M | $64,515 | $648,361 |
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 |
|---|---|---|---|---|
| WAY, RAY, SHELTON & CO., P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WAY, RAY, SHELTON & CO., P.C. — 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 | $67,089 | $16,000 | — | — | — |
| 2023 | $65,467 | $16,000 | — | — | — |
| 2022 | $81,609 | — | — | — | — |