Plan Snapshot
- Plan Sponsor: Hattiesburg Clinic, P.A.
- Sponsor EIN: 640507572
- Sponsor Address: 415 SOUTH 28TH AVENUE, HATTIESBURG, MS, 39401
- Plan Type: 401(k)
- Total Participants: 2,584
- Total Assets: $402.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,584 | $402.2M | $8.7M | $14.2M |
| 2023 | 2,250 | $358.9M | $7.7M | $13.1M |
| 2022 | 2,179 | $305.7M | $7.5M | $11.3M |
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 |
|---|---|---|---|---|
| TMH, PLLC | Auditor | $19,000 | — | $19,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,000
- Estimated Expense Ratio: 0.005% 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 | $64,861 | $171,756 | — | $19,000 | — |
| 2023 | $33,023 | $154,284 | — | $19,000 | — |
| 2022 | $66,379 | $118,330 | — | — | — |