Plan Snapshot
- Plan Sponsor: Pegasus Residential, LLC
- Sponsor EIN: 263972108
- Sponsor Address: 1750 FOUNDERS PARKWAY, ALPHARETTA, GA, 30009
- Plan Type: 401(k)
- Total Participants: 545
- Total Assets: $14.6M
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 | 545 | $14.6M | $773,208 | $1.4M |
| 2023 | 444 | $14.2M | $770,815 | $1.3M |
| 2022 | 450 | $11.5M | $776,792 | $1.3M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE | INVESTMENT ADVISOR | $43,622 | — | $43,622 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | TPA | $23,662 | $6,978 | $30,640 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $6,558 | — | $6,558 |
| BRADY, WARE, SCHOENFELD, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS HOLDINGS INC DBA FUTUREPLA — TPA
- BRADY, WARE, SCHOENFELD, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $80,820
- Estimated Expense Ratio: 0.553% 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 | $91,345 | — | $91,345 | — | — |
| 2023 | $84,758 | — | $84,758 | — | — |
| 2022 | $77,682 | $14,685 | $62,997 | — | — |