Plan Snapshot
- Plan Sponsor: Oglethorpe, INC.
- Sponsor EIN: 593586063
- Sponsor Address: 7074 GROVE ROAD, SUITE C, BROOKSVILLE, FL, 34609
- Plan Type: 401(k)
- Total Participants: 433
- Total Assets: $5.6M
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 | 433 | $5.6M | $136,874 | $376,224 |
| 2023 | 467 | $5.1M | $140,902 | $388,401 |
| 2022 | 506 | $4.7M | $163,631 | $453,552 |
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 |
|---|---|---|---|---|
| ROBERTS, SPEED & COMPANY | Auditor | $22,500 | — | $22,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,500
- Estimated Expense Ratio: 0.403% 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 | $86,452 | $15,558 | $48,394 | $22,500 | — |
| 2023 | $76,068 | $13,854 | $39,714 | $22,500 | — |
| 2022 | $57,116 | $31,956 | $16,692 | — | $8,462 |