Plan Snapshot
- Plan Sponsor: Flournoy Development Group, LLC
- Sponsor EIN: 823103114
- Sponsor Address: 1100 BROOKSTONE CENTRE PARKWAY, COLUMBUS, GA, 31904
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $26.9M
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 | 247 | $26.9M | $967,772 | $1.8M |
| 2023 | 253 | $23.7M | $878,100 | $1.7M |
| 2022 | 231 | $20.6M | $877,051 | $1.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $44,545 | — | $44,545 |
| SYNOVUS TRUST COMPANY | Other Service Provider | $43,589 | — | $43,589 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $11,453 | — | $11,453 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,587
- Estimated Expense Ratio: 0.370% 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 | $99,587 | $11,453 | — | — | — |
| 2023 | $101,225 | $49,701 | — | — | — |
| 2022 | $103,791 | $11,195 | — | — | — |