Plan Snapshot
- Plan Sponsor: Leon Farmer & Company
- Sponsor EIN: 580539752
- Sponsor Address: P.O. BOX 1352, ATHENS, GA, 306031352
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $12.7M
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 | 206 | $12.7M | $105,589 | $377,193 |
| 2023 | 157 | $12.1M | $123,335 | $435,423 |
| 2022 | 171 | $11.1M | $125,107 | $457,324 |
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 |
|---|---|---|---|---|
| SEYMOUR & PERRY, LLC | 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 | $52,660 | $35,331 | — | — | — |
| 2023 | $51,285 | $33,861 | — | — | — |
| 2022 | $92,093 | — | — | — | — |