Plan Snapshot
- Plan Sponsor: Heart South Cardiovascular Group, P.C.
- Sponsor EIN: 470885243
- Sponsor Address: 1022 N. 1ST STREET, ALABASTER, AL, 35007
- Plan Type: 401(k)
- Total Participants: 93
- Total Assets: $18.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 93 | $18.2M | $758,190 | $630,087 |
| 2023 | 125 | $15.6M | $692,230 | $553,714 |
| 2022 | 116 | $12.7M | $698,924 | $480,140 |
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 |
|---|---|---|---|---|
| THE HIGHLANDS ACCOUNTING GROUP, INC | 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 | $71,636 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |