Plan Snapshot
- Plan Sponsor: Ermi LLC
- Sponsor EIN: 582018675
- Sponsor Address: 2872 WOODCOCK BLVD, ATLANTA, GA, 30341
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $13.5M
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 | 199 | $13.5M | $433,126 | $705,655 |
| 2023 | 193 | $11.7M | $543,102 | $786,803 |
| 2022 | 191 | $9.4M | $484,738 | $810,333 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT | 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 | $14,670 | — | $14,670 | — | — |
| 2023 | $14,372 | — | $14,372 | — | — |
| 2022 | $13,991 | — | $13,991 | — | — |