Plan Snapshot
- Plan Sponsor: Institute Of Community Services, INC.
- Sponsor EIN: 640440304
- Sponsor Address: 160 WEST VALLEY AVENUE, HOLLY SPRINGS, MS, 386352218
- Plan Type: DC
- Plan Number: 001
- Total Participants: 779
- Total Assets: $21.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 779 | $21.8M | $1.4M | $0 |
| 2023 | 745 | $20.0M | $1.4M | $0 |
| 2022 | 763 | $19.8M | $1.3M | $0 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $24,250 | — | $24,250 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $15,240 | — | $15,240 |
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $1,651 | $8,926 | $10,577 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | — | $7,546 | $7,546 |
| ARES RETIREMENT PLAN SERVICES LLC | Other Service Provider | $7,351 | — | $7,351 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,964
- Estimated Expense Ratio: 0.297% 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 | $39,063 | — | $39,063 | — | — |
| 2023 | $5,838 | — | $5,838 | — | — |
| 2022 | $3,861 | — | $3,861 | — | — |