Plan Snapshot
- Plan Sponsor: Jackson Thornton & Co., P.C.
- Sponsor EIN: 631035228
- Sponsor Address: P.O. BOX 96, MONTGOMERY, AL, 36101
- Plan Type: 401(k)
- Total Participants: 239
- Total Assets: $119.9M
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 | 239 | $119.9M | $1.1M | $1.5M |
| 2023 | 209 | $110.4M | $990,132 | $1.4M |
| 2022 | 205 | $95.9M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| NEWPORT TRUST COMPANY | Custodian / Trustee | $34,796 | — | $34,796 |
| NEWPORT GROUP, INC. | Recordkeeper | $27,863 | — | $27,863 |
| BUCKINGHAM ASSET MANAGEMENT, LLC | Investment Advisor | $15,627 | — | $15,627 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,286
- Estimated Expense Ratio: 0.065% 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 | $78,286 | $15,627 | $21,683 | — | — |
| 2023 | $68,175 | $13,970 | $24,356 | — | — |
| 2022 | $73,750 | $14,022 | $28,846 | — | $30,882 |