Plan Snapshot
- Plan Sponsor: Franklin Primary Health Center, INC
- Sponsor EIN: 630695975
- Sponsor Address: 1303 MARTIN LUTHER KING JR. AVENUE, MOBILE, AL, 366035341
- Plan Type: 403(b)
- Total Participants: 209
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 209 | $8.4M | $186,819 | $690,605 |
| 2023 | 197 | $7.1M | $129,792 | $570,851 |
| 2022 | 222 | $5.9M | $212,282 | $529,062 |
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 |
|---|---|---|---|---|
| THE KBA GROUP, PC | Auditor | — | — | $0 |
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 | $45,245 | — | $45,195 | — | — |
| 2023 | $35,286 | — | $35,136 | — | — |
| 2022 | $32,578 | — | — | — | — |