Plan Snapshot
- Plan Sponsor: Heritage Properties, INC.
- Sponsor EIN: 640665203
- Sponsor Address: 116 ONE MADISON PLACE,, MADISON, MS, 39110
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $4.9M
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 | 178 | $4.9M | $203,606 | $517,011 |
| 2023 | 193 | $4.4M | $168,128 | $523,436 |
| 2022 | 189 | $3.4M | $175,935 | $459,522 |
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 |
|---|---|---|---|---|
| MATTHEWS, CUTRER AND LINDSEY, P.A. | 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 | $26,711 | $8,980 | — | — | — |
| 2023 | $35,822 | — | — | — | — |
| 2022 | $59,303 | — | — | — | — |