Plan Snapshot
- Plan Sponsor: Michael Dunn Center
- Sponsor EIN: 620851179
- Sponsor Address: 1324 LAWNVILLE RD, KINGSTON, TN, 37763
- Plan Type: 403(b)
- Total Participants: 382
- Total Assets: $2.6M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 382 | $2.6M | $100,354 | $174,273 |
| 2023 | 424 | $2.7M | $89,852 | $160,878 |
| 2022 | 323 | $2.2M | $147,972 | $146,198 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO. | RECORDKEEPER | $12,410 | — | $12,410 |
| LPL FINANCIAL | OTHER | $6,850 | — | $6,850 |
| COULTER & JUSTUS, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,260
- Estimated Expense Ratio: 0.738% of plan assets
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 | $27,184 | — | — | — | — |
| 2023 | $21,222 | — | — | — | — |
| 2022 | $21,333 | $21,333 | — | — | — |