Plan Snapshot
- Plan Sponsor: Edfinancial Services, LLC
- Sponsor EIN: 205316278
- Sponsor Address: 298 N. SEVEN OAKS DRIVE, KNOXVILLE, TN, 37922
- Plan Type: 401(k)
- Total Participants: 1,385
- Total Assets: $29.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,385 | $29.4M | $1.3M | $1.2M |
| 2023 | 1,362 | $23.8M | $1.1M | $1.0M |
| 2022 | 820 | $19.3M | $911,377 | $869,520 |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
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 | $152,611 | $47,130 | $300 | — | — |
| 2023 | $109,968 | — | $99,780 | — | — |
| 2022 | $108,927 | — | $107,789 | — | — |