Plan Snapshot
- Plan Sponsor: H.J. Russell & Company
- Sponsor EIN: 580829071
- Sponsor Address: 171 17TH ST NW STE 1600, ATLANTA, GA, 30363
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 177
- Total Assets: $2.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- 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 | 177 | $2.6M | $2.3M | $704,207 |
| 2023 | 174 | $2.1M | $1.9M | $596,256 |
| 2022 | 242 | $1.6M | $1.9M | $584,652 |
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 |
|---|---|---|---|---|
| ALLIED BENEFIT SYSTEMS LLC | Recordkeeper | $92,165 | — | $92,165 |
| OAKBRIDGE INSURANCE AGENCY | Investment Advisor | $63,655 | — | $63,655 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $38,820 | — | $38,820 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Recordkeeper | $19,545 | — | $19,545 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $214,185
- Estimated Expense Ratio: 8.204% 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 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $2,538 | — | — | — | — |