Plan Snapshot
- Plan Sponsor: Lemoyne Owen College
- Sponsor EIN: 620475690
- Sponsor Address: 807 WALKER AVE, MEMPHIS, TN, 381266510
- Plan Type: 403(b)
- Plan Number: 003
- Total Participants: 23
- Total Assets: $393,980
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23 | $393,980 | $0 | $2,025 |
| 2023 | 24 | $376,189 | $0 | $2,248 |
| 2022 | 27 | $384,439 | $0 | $8,163 |
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 |
|---|---|---|---|---|
| THE WESLEY PEACHTREE GROUP, CPAS | 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 | $97 | — | — | — | — |
| 2023 | $93 | — | $93 | — | — |
| 2022 | $118 | — | $118 | — | — |