Plan Snapshot
- Plan Sponsor: Central Service Association
- Sponsor EIN: 640132815
- Sponsor Address: P.O. BOX 3480, TUPELO, MS, 388033480
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 832
- Total Assets: $311,423
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 | 832 | $311,423 | $343,830 | $0 |
| 2023 | 848 | $330,230 | $361,185 | $0 |
| 2022 | 860 | $322,718 | $357,399 | $0 |
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 |
|---|---|---|---|---|
| CENTRAL SERVICES ASSOCIATION | Other Service Provider | $295,799 | — | $295,799 |
| HEALTHCOMP INTERGRADE SOLUTION, LLC | Recordkeeper | $28,281 | — | $28,281 |
| ATA, PC | Auditor | $9,000 | — | $9,000 |
| CIGNA | Recordkeeper | $6,970 | — | $6,970 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ATA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $340,050
- Estimated Expense Ratio: 109.192% 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 | $57,743 | — | $28,281 | — | — |
| 2023 | $59,296 | — | $50,521 | — | — |
| 2022 | $57,580 | — | $49,080 | — | $8,500 |