Plan Snapshot
- Plan Sponsor: Morris Communications Company, LLC
- Sponsor EIN: 581093347
- Sponsor Address: 725 BROAD STREET, AUGUSTA, GA, 30901
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $69.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 151 | $69.9M | $95,315 | $757,291 |
| 2023 | 155 | $65.4M | $93,948 | $747,217 |
| 2022 | 156 | $63.0M | $101,019 | $780,008 |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS, LLC | Auditor | $26,900 | — | $26,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,900
- Estimated Expense Ratio: 0.038% 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 | $366,040 | $65,581 | $273,559 | $26,900 | — |
| 2023 | $354,600 | $64,750 | $264,950 | $24,900 | — |
| 2022 | $380,982 | $66,755 | $290,527 | — | $23,700 |