Plan Snapshot
- Plan Sponsor: Eustis Mortgage Corporation
- Sponsor EIN: 720484657
- Sponsor Address: 1477 LOUISIANA AVENUE, NEW ORLEANS, LA, 70115
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 209
- Total Assets: $11.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 209 | $11.5M | $0 | $0 |
| 2024 | 139 | $10.3M | $218,314 | $971,366 |
| 2023 | 139 | $10.8M | $0 | $979,696 |
| 2022 | 179 | $10.9M | $701,941 | $1.5M |
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 |
|---|---|---|---|---|
| RICHEY, MAY & CO., LLP | Auditor | $10,700 | — | $10,700 |
| FIDELITY WORKPLACE SERVICES LLC | Recordkeeper | $8,805 | — | $8,805 |
| MESIROW FINANCIAL INVESTMENT MGT. | Investment Advisor | $5,101 | — | $5,101 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,606
- Estimated Expense Ratio: 0.214% 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 |
|---|---|---|---|---|---|
| 2025 | $2,266,048 | $3,668 | — | $10,700 | — |
| 2024 | $26,902 | $10,412 | — | $13,450 | — |
| 2023 | $454 | $6,158 | — | — | — |
| 2022 | $11,632 | $2,709 | — | — | — |