Plan Snapshot
- Plan Sponsor: Floyd Healthcare Management
- Sponsor EIN: 581973570
- Sponsor Address: 420 E SECOND AVE, ROME, GA, 30161
- Plan Type: 401(k)
- Total Participants: 3,950
- Total Assets: $205.2M
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 | 3,950 | $205.2M | $7.5M | $14.5M |
| 2023 | 3,787 | $175.2M | $6.8M | $13.1M |
| 2022 | 3,415 | $142.9M | $6.1M | $12.3M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORDKEEPER | $322,904 | — | $322,904 |
| CANNON FINANCIAL STRATEGISTS, INC. | INVESTMENT ADVISOR | $85,572 | — | $85,572 |
| CLIFTONLARSONALLEN LLP | AUDITOR | $13,781 | — | $13,781 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORDKEEPER
- CLIFTONLARSONALLEN LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $422,257
- Estimated Expense Ratio: 0.206% 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 | $422,542 | $85,857 | — | $13,781 | — |
| 2023 | $485,724 | $212,180 | — | — | — |
| 2022 | $343,591 | $131,850 | — | — | — |