Plan Snapshot
- Plan Sponsor: Legacy Advancement
- Sponsor EIN: 465664419
- Sponsor Address: 104 BROADUS AVENUE, GREENVILLE, SC, 29601
- Plan Type: 401(k)
- Total Participants: 243
- Total Assets: $7.1M
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 | 243 | $7.1M | $1.0M | $840,112 |
| 2023 | 327 | $5.1M | $996,450 | $801,592 |
| 2022 | 272 | $3.0M | $934,243 | $747,909 |
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 |
|---|---|---|---|---|
| JENNINGS COOK & CO., CPAS, PA. | 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 | $9,225 | — | $9,225 | — | — |
| 2023 | $5,880 | — | $5,880 | — | — |
| 2022 | $7,335 | — | $7,335 | — | — |