Plan Snapshot
- Plan Sponsor: Neurological Institute Of Savannah & Center For Spine P.C.
- Sponsor EIN: 262806740
- Sponsor Address: 4 E. JACKSON BOULEVARD, SAVANNAH, GA, 31405
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $22.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 85 | $22.3M | $664,064 | $516,910 |
| 2023 | 92 | $19.4M | $832,225 | $504,122 |
| 2022 | 75 | $17.6M | $594,427 | $465,010 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE CO | RECORDKEEPER | $43,309 | — | $43,309 |
| FIRETHORN WEALTH PARTNERS | INVESTMENT ADVISOR | $25,427 | — | $25,427 |
| WEALTH PLAN INVESTMENT MGT,LLC | INVESTMENT ADVISOR | $25,427 | — | $25,427 |
| SYMPHONA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO — RECORDKEEPER
- FIRETHORN WEALTH PARTNERS — INVESTMENT ADVISOR
- SYMPHONA LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,163
- Estimated Expense Ratio: 0.421% 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 | $96,163 | $50,854 | $2,000 | — | — |
| 2023 | $79,932 | $42,319 | $36,288 | — | — |
| 2022 | $73,098 | $33,740 | $39,358 | — | — |