# New Georgia Project Action Fund 401(k) Plan
Source: https://planprovider.pro/companies/new-georgia-project-action-fund-401k-plan

> New Georgia Project Action Fund's 401(k) plan: 195 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** New Georgia Project Action Fund

- **Sponsor EIN:** 820934131

- **Sponsor Address:** 501 PULLIAM STREET SW SUITE 130, ATLANTA, GA, 30312

- **Plan Type:** 401(k)

- **Total Participants:** 195

- **Total Assets:** $681,405

## 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|195|$681,405|$35,579|$153,969|

| 2023|203|$491,273|$34,197|$160,549|

| 2022|175|$228,753|$33,464|$145,107|

## 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|

| BAMBO SONAIKE CPA|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|$8,728|—|$8,728|—|—|

| 2023|$7,578|—|$7,578|—|—|

| 2022|$929|—|$929|—|—|

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