Plan Snapshot
- Plan Sponsor: Furrow Auction Company
- Sponsor EIN: 620809770
- Sponsor Address: 10319 COGDILL ROAD, KNOXVILLE, TN, 37932
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $12.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 238 | $12.7M | $203,302 | $1.3M |
| 2023 | 254 | $11.1M | $150,000 | $1.2M |
| 2022 | 250 | $8.9M | $150,000 | $1.1M |
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 | $41,390 | — | $41,390 |
| RATHER & KITTRELL, INC. | INVESTMENT ADVISOR | $35,735 | — | $35,735 |
| TENNESSEE PENSION ADMINISTRATORS | CONTRACT ADMIN | $3,120 | $11,911 | $15,031 |
| PUGH CPA'S | Auditor | $1,166 | — | $1,166 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RATHER & KITTRELL, INC. — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,322
- Estimated Expense Ratio: 0.737% 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 | $80,391 | $35,735 | $3,120 | $1,166 | — |
| 2023 | $67,446 | $28,633 | $2,853 | — | — |
| 2022 | $69,268 | $30,609 | $35,674 | — | $2,985 |