Plan Snapshot
- Plan Sponsor: Echelon Fitness Multimedia, LLC
- Sponsor EIN: 841761928
- Sponsor Address: 605 CHESTNUT ST, SUITE 600, CHATTANOOGA, TN, 37450
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $4.5M
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 | 112 | $4.5M | $303,731 | $702,152 |
| 2023 | 124 | $3.5M | $354,585 | $702,852 |
| 2022 | 132 | $2.4M | $355,580 | $760,828 |
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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & 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 | $28,397 | — | $28,397 | — | — |
| 2023 | $30,044 | — | $30,044 | — | — |
| 2022 | $17,580 | — | — | — | — |