Plan Snapshot
- Plan Sponsor: Burr & Forman LLP
- Sponsor EIN: 630322727
- Sponsor Address: 420 NORTH 20TH ST SUITE 3400, BIRMINGHAM, AL, 35203
- Plan Type: 401(k)
- Total Participants: 604
- Total Assets: $399.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 604 | $399.4M | $10.1M | $7.3M |
| 2023 | 606 | $341.3M | $10.0M | $7.0M |
| 2022 | 626 | $276.8M | $9.5M | $6.2M |
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 |
|---|---|---|---|---|
| KASSOUF & CO | 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 | $173,492 | $105,607 | — | — | — |
| 2023 | $176,380 | — | — | $176,380 | — |
| 2022 | $144,454 | $141,381 | $2,773 | — | $300 |