Plan Snapshot
- Plan Sponsor: Mcmichael & Gray, P.C.
- Sponsor EIN: 208054586
- Sponsor Address: 2055 NORTH BROWN ROAD, NW, LAWRENCEVILLE, GA, 30043
- Plan Type: 401(k)
- Total Participants: 170
- Total Assets: $7.9M
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 | 170 | $7.9M | $402,656 | $821,505 |
| 2023 | 182 | $6.5M | $405,922 | $793,503 |
| 2022 | 204 | $5.1M | $392,249 | $764,625 |
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 |
|---|---|---|---|---|
| MOORE COLSON | 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 | $21,666 | $21,666 | — | — | — |
| 2023 | $33,071 | $33,071 | — | — | — |
| 2022 | $14,129 | $14,129 | — | — | — |