Plan Snapshot
- Plan Sponsor: Hutton Real Estate Services, INC.
- Sponsor EIN: 472686422
- Sponsor Address: 736 CHERRY STREET, CHATTANOOGA, TN, 37402
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 646
- Total Assets: $4.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 646 | $4.7M | $0 | $0 |
| 2024 | 1,324 | $4.1M | $224,949 | $844,808 |
| 2023 | 512 | $3.4M | $212,537 | $796,247 |
| 2022 | 433 | $2.8M | $146,042 | $642,841 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Other Service Provider | $32,397 | — | $32,397 |
| RENASANT BANK | Other Service Provider | $19,131 | — | $19,131 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Other Service Provider | $6,201 | — | $6,201 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $57,729
- Estimated Expense Ratio: 1.229% 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 |
|---|---|---|---|---|---|
| 2025 | $1,050,745 | — | — | — | — |
| 2024 | $27,768 | $4,547 | — | — | — |
| 2023 | $17,678 | $3,503 | — | — | — |
| 2022 | $4,647 | $821 | — | — | — |