Plan Snapshot
- Plan Sponsor: Dixie Electric Company, INC.
- Sponsor EIN: 630279539
- Sponsor Address: 580 TRADE CENTER STREET, MONTGOMERY, AL, 36108
- Plan Type: 401(k)
- Total Participants: 361
- Total Assets: $9.5M
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 | 361 | $9.5M | $392,900 | $951,850 |
| 2023 | 311 | $7.8M | $290,379 | $709,699 |
| 2022 | 236 | $5.6M | $162,637 | $519,281 |
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 |
|---|---|---|---|---|
| ALDRIDGE, BORDEN & COMPANY, P.C. | 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 | $73,833 | $44,566 | $19,500 | — | — |
| 2023 | $60,170 | $37,380 | $15,424 | — | — |
| 2022 | $55,388 | $33,975 | $19,954 | — | $1,459 |