Plan Snapshot
- Plan Sponsor: Flood, Bumstead, Mccready, & Mccarthy, INC.
- Sponsor EIN: 621524828
- Sponsor Address: 2300 CHARLOTTE AVENUE, SUITE 103, NASHVILLE, TN, 37203
- Plan Type: 401(k)
- Total Participants: 183
- Total Assets: $15.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 183 | $15.7M | $651,532 | $1.2M |
| 2023 | 141 | $13.3M | $563,170 | $987,694 |
| 2022 | 152 | $10.3M | $423,980 | $854,492 |
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 |
|---|---|---|---|---|
| FORUSALL ADVISORS LLC | Investment Advisor | $39,974 | — | $39,974 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,974
- Estimated Expense Ratio: 0.254% 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 | $41,587 | $39,974 | — | — | — |
| 2023 | $34,364 | $33,307 | — | — | — |
| 2022 | $32,982 | — | — | — | — |