Plan Snapshot
- Plan Sponsor: Emmerich Newspapers, INC.
- Sponsor EIN: 640544014
- Sponsor Address: 246 BRIARWOOD DRIVE, SUITE 101, JACKSON, MS, 39206
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $4.9M
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 | 158 | $4.9M | $76,490 | $138,004 |
| 2023 | 167 | $4.9M | $85,583 | $150,383 |
| 2022 | 209 | $4.8M | $94,317 | $179,193 |
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, PA | Auditor | $2,000 | — | $2,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,000
- Estimated Expense Ratio: 0.041% 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 | $52,236 | $24,485 | — | $2,000 | — |
| 2023 | $46,740 | $24,199 | — | — | — |
| 2022 | $52,252 | $26,481 | $22,458 | — | $3,313 |