Plan Snapshot
- Plan Sponsor: Fairfield Property Management
- Sponsor EIN: 720825920
- Sponsor Address: 101 MILAM STREET, SUITE 200, SHREVEPORT, LA, 71101
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $1.7M
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. |
|---|---|---|---|---|
| 2024 | 179 | $1.7M | $52,655 | $238,390 |
| 2023 | 166 | $1.4M | $56,134 | $226,293 |
| 2022 | 170 | $1.1M | $39,770 | $187,370 |
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 |
|---|---|---|---|---|
| HEARD, MCELROY & VESTAL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HEARD, MCELROY & VESTAL, LLC — Auditor
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 | $31,093 | — | $22,185 | — | — |
| 2023 | $27,247 | — | $20,263 | — | — |
| 2022 | $21,072 | — | $21,072 | — | — |