Plan Snapshot
- Plan Sponsor: Franklin Road Academy
- Sponsor EIN: 621138075
- Sponsor Address: 4700 FRANKLIN ROAD, NASHVILLE, TN, 372201136
- Plan Type: 403(b)
- Total Participants: 196
- Total Assets: $27.3M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 196 | $27.3M | $688,356 | $845,008 |
| 2023 | 193 | $23.8M | $595,418 | $781,007 |
| 2022 | 189 | $20.1M | $554,679 | $778,357 |
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 |
|---|---|---|---|---|
| TEACHERS INSURANCE & ANNUITY ASSOC | NONE | $17,053 | — | $17,053 |
| KRAFT CPAS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,053
- Estimated Expense Ratio: 0.062% 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 | $16,903 | — | $16,903 | — | — |
| 2023 | $12,940 | — | $12,940 | — | — |
| 2022 | $12,145 | — | $12,145 | — | — |