Plan Snapshot
- Plan Sponsor: Phoebe Putney Health System, INC.
- Sponsor EIN: 581928247
- Sponsor Address: 417 3RD AVENUE, ALBANY, GA, 31703
- Plan Type: 403(b)
- Total Participants: 4,666
- Total Assets: $446.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 4,666 | $446.2M | $6.8M | $23.3M |
| 2023 | 4,505 | $398.0M | $7.0M | $22.3M |
| 2022 | 4,103 | $344.9M | $6.4M | $21.0M |
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 |
|---|---|---|---|---|
| CANNON FINANCIAL STRATEGISTS, INC. | CONSULTANT | $471,535 | — | $471,535 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $313,881 | — | $313,881 |
| KINGSMARK PRIVATE FINANCIAL AD | ADVISOR | $17,381 | — | $17,381 |
| DRAFFIN & TUCKER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- DRAFFIN & TUCKER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $802,797
- Estimated Expense Ratio: 0.180% 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 | $805,568 | $491,687 | — | — | — |
| 2023 | $693,866 | $459,777 | — | — | — |
| 2022 | $725,422 | $463,963 | — | — | — |