Plan Snapshot
- Plan Sponsor: Newstat, PLLC
- Sponsor EIN: 814704105
- Sponsor Address: 1900 N. WINSTON ROAD, KNOXVILLE, TN, 37919
- Plan Type: 401(k)
- Total Participants: 219
- Total Assets: $81.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 219 | $81.8M | $2.6M | $2.0M |
| 2023 | 192 | $69.6M | $2.5M | $1.7M |
| 2022 | 174 | $59.5M | $2.5M | $1.6M |
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 |
|---|---|---|---|---|
| COLTER & JUSTUS, PC | 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 | $116,822 | $103,010 | — | — | — |
| 2023 | $101,755 | $101,755 | — | — | — |
| 2022 | $125,370 | $40,005 | — | — | — |