Plan Snapshot
- Plan Sponsor: Nelson Mullins Riley & Scarborough LLP
- Sponsor EIN: 570215445
- Sponsor Address: 1320 MAIN STREET 17TH FLOOR, COLUMBIA, SC, 29201
- Plan Type: DC
- Total Participants: 1,831
- Total Assets: $678.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,831 | $678.9M | $18.9M | $21.6M |
| 2023 | 1,733 | $617.4M | $17.0M | $20.4M |
| 2022 | 1,717 | $526.3M | $16.3M | $18.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $199,861 | — | $199,861 |
| ABACUS PLANNING GROUP INC | Other Service Provider | $131,536 | — | $131,536 |
| CCM INVESTMENT ADVISERS LLC | Other Service Provider | $97,930 | — | $97,930 |
| TOWERS WATSON INVESTMENT SRVCS INC | Other Service Provider | $83,233 | — | $83,233 |
| LMCG INVESTMENTS LLC | Other Service Provider | $71,230 | — | $71,230 |
| BALENTINE LLC | Other Service Provider | $48,713 | — | $48,713 |
| BUCKHEAD CAPITAL MANAGEMENT LL | Other Service Provider | $39,347 | — | $39,347 |
| V M MANNING & CO INC | Other Service Provider | $28,747 | — | $28,747 |
| COMMONWEALTH EQUITY SERVICES I | Investment Advisor | $24,219 | — | $24,219 |
| PATTON ALBERTSON MILLER GROUP | Other Service Provider | $23,417 | — | $23,417 |
| HB WEALTH MANAGEMENT LLC | Other Service Provider | $22,925 | — | $22,925 |
| PROSPECTIVE VALUE PARTNERS LLC | Other Service Provider | $18,204 | — | $18,204 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $18,063 | — | $18,063 |
| MCLEAN ASSET MANAGEMENT CORPOR | Other Service Provider | $13,779 | — | $13,779 |
| NICHOLSON WEALTH MANAGEMENT | Other Service Provider | $7,366 | — | $7,366 |
| CUBIC PYE CAPITAL MGMT INC | Other Service Provider | $6,529 | — | $6,529 |
| FINANCIAL ENGINES ADVISORS LLC | Other Service Provider | $5,064 | — | $5,064 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
- COMMONWEALTH EQUITY SERVICES I — Investment Advisor
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $840,163
- Estimated Expense Ratio: 0.124% 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 | $839,483 | $731,197 | — | — | — |
| 2023 | $848,213 | $736,340 | — | — | — |
| 2022 | $812,157 | $638,900 | — | — | — |