Plan Snapshot
- Plan Sponsor: Ems Management & Consultants, INC.
- Sponsor EIN: 561969494
- Sponsor Address: 2540 EMPIRE DR STE 100, WINSTON SALEM, NC, 27103
- Plan Type: 401(k)
- Total Participants: 648
- Total Assets: $19.8M
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 | 648 | $19.8M | $933,888 | $1.5M |
| 2023 | 486 | $8.5M | $589,076 | $928,224 |
| 2022 | 218 | $4.4M | $294,410 | $454,469 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $33,995 | — | $33,995 |
| MMA SECURITIES LLC | Investment Advisor | $15,000 | — | $15,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $7,607 | — | $7,607 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,602
- Estimated Expense Ratio: 0.286% 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 | $56,602 | $22,607 | — | — | — |
| 2023 | $39,130 | $18,522 | — | — | — |
| 2022 | $32,226 | — | $32,226 | — | — |