Plan Snapshot
- Plan Sponsor: Jefferson Southern Corporation
- Sponsor EIN: 311722250
- Sponsor Address: 1000 MARQUETTE ROAD, ROCKMART, GA, 30153
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $6.1M
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 | 295 | $6.1M | $249,991 | $552,958 |
| 2023 | 283 | $5.4M | $241,391 | $538,218 |
| 2022 | 275 | $4.5M | $163,952 | $529,277 |
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 CO OF AME | RECORDKEEPER | $33,547 | — | $33,547 |
| FIRST PARTY ADMINISTRATOR LLC | CONTRACT ADMIN | $18,172 | $2,603 | $20,775 |
| EVERHART FINANCIAL GROUP, INC. | INVESTMENT ADVISOR | $15,903 | — | $15,903 |
| CLAUSELL & ASSOCIATES PC | AUDITOR | $15,685 | — | $15,685 |
| CLAUSELL & ASSOCIATES, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,910
- Estimated Expense Ratio: 1.409% 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 | $56,268 | $56,268 | — | — | — |
| 2023 | $31,377 | $31,377 | — | — | — |
| 2022 | $18,203 | $18,203 | — | — | — |