Plan Snapshot
- Plan Sponsor: Harbert Management Corporation
- Sponsor EIN: 631105435
- Sponsor Address: 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM, AL, 35203
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $108.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 227 | $108.7M | $1.9M | $2.7M |
| 2023 | 238 | $97.4M | $1.9M | $2.7M |
| 2022 | 236 | $80.9M | $1.9M | $2.7M |
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 |
|---|---|---|---|---|
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
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 | $86,474 | — | — | — | — |
| 2023 | $36,912 | — | — | — | — |
| 2022 | $28,097 | — | — | — | — |