Plan Snapshot
- Plan Sponsor: Georgia Farm Bureau INC
- Sponsor EIN: 580707657
- Sponsor Address: 1620 BASS ROAD, MACON, GA, 312097068
- Plan Type: 401(k)
- Total Participants: 1,176
- Total Assets: $226.5M
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 | 1,176 | $226.5M | $5.1M | $8.0M |
| 2023 | 1,162 | $204.7M | $4.7M | $7.4M |
| 2022 | 1,150 | $181.6M | $4.7M | $7.2M |
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 |
|---|---|---|---|---|
| MCNAIR, MCLEMORE, MIDDLEBROOKS & CO | 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 | $172,476 | $48,467 | $124,009 | — | — |
| 2023 | $160,842 | $48,365 | $112,477 | — | — |
| 2022 | $164,954 | $44,353 | $120,601 | — | — |