Plan Snapshot
- Plan Sponsor: Kenneth S. Nugent
- Sponsor EIN: 581880562
- Sponsor Address: 4227 PLEASANT HILL RD., DULUTH, GA, 30096
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $22.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 189 | $22.4M | $263,153 | $1.5M |
| 2023 | 196 | $21.2M | $221,498 | $1.5M |
| 2022 | 188 | $17.7M | $197,923 | $1.3M |
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 |
|---|---|---|---|---|
| MORISON COGEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORISON COGEN LLP — Auditor
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 | $137,390 | $100,930 | $36,460 | — | — |
| 2023 | $113,587 | $79,402 | $34,185 | — | — |
| 2022 | $87,440 | $78,652 | $8,788 | — | — |