Plan Snapshot
- Plan Sponsor: Jackson Academy, INC.
- Sponsor EIN: 646012819
- Sponsor Address: 4908 RIDGEWOOD ROAD, JACKSON, MS, 392114878
- Plan Type: 401(k)
- Total Participants: 332
- Total Assets: $17.7M
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 | 332 | $17.7M | $343,872 | $666,586 |
| 2023 | 413 | $16.1M | $343,102 | $657,392 |
| 2022 | 279 | $14.8M | $353,844 | $755,524 |
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 |
|---|---|---|---|---|
| HARPER RAINS KNIGHT & COMPANY | 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 | $4,080 | — | $4,080 | — | — |
| 2023 | $5,640 | — | $5,640 | — | — |
| 2022 | $5,570 | — | $5,570 | — | — |