Plan Snapshot
- Plan Sponsor: Northeast Georgia Health System, INC.
- Sponsor EIN: 581694090
- Sponsor Address: 743 SPRING STREET, GAINESVILLE, GA, 30501
- Plan Type: DB
- Total Participants: 674
- Total Assets: $314.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 674 | $314.8M | $0 | $0 |
| 2023 | 744 | $309.0M | $0 | $0 |
| 2022 | 817 | $307.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| WILLIS INVESTMENT COUNSEL, INC. | INVESTMENT ADVISOR | $450,163 | — | $450,163 |
| BANK OF AMERICA | TRUSTEE | $393,829 | — | $393,829 |
| PYA, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $843,992
- Estimated Expense Ratio: 0.268% 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 | $1,036,959 | $450,163 | — | — | — |
| 2023 | $1,421,127 | $431,192 | — | — | — |
| 2022 | $1,444,207 | $453,909 | — | — | $797,829 |