Plan Snapshot
- Plan Sponsor: Ellijay Telephone Company
- Sponsor EIN: 580233660
- Sponsor Address: 224 DALTON ST, ELLIJAY, GA, 305403119
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $48.2M
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 | 155 | $48.2M | $1.1M | $722,195 |
| 2023 | 154 | $42.9M | $1.1M | $671,793 |
| 2022 | 143 | $35.1M | $1.0M | $696,185 |
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 |
|---|---|---|---|---|
| J A JOHNSON AND COMPANY | Auditor | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.019% 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 | $128,128 | — | $119,128 | $9,000 | — |
| 2023 | $116,520 | — | $107,821 | $8,699 | — |
| 2022 | $110,987 | — | $102,488 | — | $8,499 |