Plan Snapshot
- Plan Sponsor: Legacy Senior Living, LLC
- Sponsor EIN: 205770211
- Sponsor Address: 2235 CANDIES LANE NW, CLEVELAND, TN, 37312
- Plan Type: 401(k)
- Total Participants: 754
- Total Assets: $1.2M
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 | 754 | $1.2M | $32,409 | $194,511 |
| 2023 | 629 | $1.1M | $31,681 | $183,444 |
| 2022 | 563 | $961,717 | $23,437 | $183,273 |
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 |
|---|---|---|---|---|
| JOHNSON, HICKEY & MURCHISON | 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 | $17,807 | — | $17,807 | — | — |
| 2023 | $16,406 | — | $16,406 | — | — |
| 2022 | $12,175 | — | $12,175 | — | — |