Plan Snapshot
- Plan Sponsor: Fortitude Group Holdings, LLC
- Sponsor EIN: 831064140
- Sponsor Address: 310 SEVEN SPRINGS WAY SUITE 250, BRENTWOOD, TN, 37027
- Plan Type: 401(k)
- Total Participants: 486
- Total Assets: $112.0M
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 | 486 | $112.0M | $7.5M | $6.9M |
| 2023 | 613 | $89.9M | $6.9M | $6.0M |
| 2022 | 501 | $69.1M | $4.6M | $4.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $64,892 | — | $64,892 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $5,799 | — | $5,799 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,691
- Estimated Expense Ratio: 0.063% 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 | $70,691 | — | — | — | — |
| 2023 | $77,378 | $1,123 | — | — | — |
| 2022 | $4,585 | — | $4,585 | — | — |