Plan Snapshot
- Plan Sponsor: Butler Snow LLP
- Sponsor EIN: 640331849
- Sponsor Address: P. O. BOX 6010, RIDGELAND, MS, 391586010
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 541
- Total Assets: $621,073
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 541 | $621,073 | $4.2M | $1.3M |
| 2023 | 559 | $1.9M | $5.6M | $1.3M |
| 2022 | 546 | $2.1M | $5.4M | $1.2M |
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 |
|---|---|---|---|---|
| UMR | Other Service Provider | $288,121 | — | $288,121 |
| THE VITALITY GROUP | Other Service Provider | $43,428 | — | $43,428 |
| PRUDENTRX | Other Service Provider | $18,961 | — | $18,961 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $350,510
- Estimated Expense Ratio: 56.436% 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 | $359,337 | — | $288,121 | — | — |
| 2023 | $328,629 | — | $272,832 | — | — |
| 2022 | $314,579 | — | $259,729 | — | — |