Plan Snapshot
- Plan Sponsor: Pickering, INC.
- Sponsor EIN: 620758014
- Sponsor Address: 6363 POPLAR AVENUE, MEMPHIS, TN, 38119
- Plan Type: 401(k)
- Total Participants: 124
- Total Assets: $24.2M
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 | 124 | $24.2M | $312,946 | $849,728 |
| 2023 | 121 | $22.1M | $301,735 | $879,797 |
| 2022 | 128 | $18.5M | $315,473 | $829,044 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $39,720 | — | $39,720 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $36,460 | — | $36,460 |
| ELLIS BENEFITS GROUP | Recordkeeper | $7,299 | — | $7,299 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $83,479
- Estimated Expense Ratio: 0.346% 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 | $126,788 | — | — | — | — |
| 2023 | $75,976 | — | — | — | — |
| 2022 | $75,989 | $75,989 | — | — | — |