Plan Snapshot
- Plan Sponsor: Jordan Carriers, INC.
- Sponsor EIN: 640817788
- Sponsor Address: P.O. BOX 1066, NATCHEZ, MS, 391211066
- Plan Type: 401(k)
- Total Participants: 535
- Total Assets: $5.7M
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 | 535 | $5.7M | $457,477 | $862,462 |
| 2023 | 435 | $3.8M | $304,568 | $674,162 |
| 2022 | 453 | $3.0M | $153,140 | $611,138 |
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 |
|---|---|---|---|---|
| EDWARD JONES | NONE | $14,231 | — | $14,231 |
| JOHN HANCOCK | RETAINED BY PLAN SPONSOR | $11,143 | — | $11,143 |
| SILAS SIMMONS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RETAINED BY PLAN SPONSOR
- SILAS SIMMONS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,374
- Estimated Expense Ratio: 0.442% 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 | $26,188 | $15,856 | $10,332 | — | — |
| 2023 | $69,549 | — | $69,549 | — | — |
| 2022 | $18,911 | $15,081 | $3,830 | — | — |