Plan Snapshot
- Plan Sponsor: Community Eldercare Services, LLC
- Sponsor EIN: 640922204
- Sponsor Address: 2844 TRACELAND DRIVE, TUPELO, MS, 38803
- Plan Type: 401(k)
- Total Participants: 1,708
- Total Assets: $2.6M
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 | 1,708 | $2.6M | $731 | $68,673 |
| 2023 | 2,586 | $2.6M | $0 | $68,684 |
| 2022 | 2,071 | $2.4M | $0 | $124,070 |
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 |
|---|---|---|---|---|
| HARPER, RAINS, KNIGHT & COMPANY,P.A | Auditor | $26,402 | — | $26,402 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,402
- Estimated Expense Ratio: 1.027% 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 | $43,876 | $14,100 | $3,374 | $26,402 | — |
| 2023 | $15,037 | $12,708 | $2,329 | — | — |
| 2022 | $18,943 | $14,842 | $4,101 | — | — |