Plan Snapshot
- Plan Sponsor: Bullard Management Corporation
- Sponsor EIN: 630930156
- Sponsor Address: 1151 E I-65 SERVICE RD. S., MOBILE, AL, 36606
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $7.7M
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 | 212 | $7.7M | $139,100 | $774,377 |
| 2023 | 221 | $6.8M | $125,698 | $679,510 |
| 2022 | 187 | $5.4M | $105,756 | $557,328 |
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 |
|---|---|---|---|---|
| LEAVELL INVESTMENT MGMT | NONE | $23,410 | — | $23,410 |
| NEWPORT GROUP, INC. | NONE | $20,166 | — | $20,166 |
| SMITH DUKES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH DUKES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,576
- Estimated Expense Ratio: 0.565% 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 | $45,576 | $23,410 | $22,166 | — | — |
| 2023 | $39,664 | $23,138 | $13,501 | — | — |
| 2022 | $41,120 | $21,508 | $18,412 | — | $1,200 |