# Fairfield Property Management 401(k) Plan
Source: https://planprovider.pro/companies/fairfield-property-management-401k-plan

> Fairfield Property Management's 401(k) plan: 179 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/heard-mcelroy-and-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|—|—|

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