Plan Snapshot
- Plan Sponsor: Piedmont National Corporation
- Sponsor EIN: 580707747
- Sponsor Address: 1561 SOUTHLAND CIRCLE NW, ATLANTA, GA, 30318
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $49.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 271 | $49.5M | $882,980 | $2.2M |
| 2023 | 262 | $43.1M | $934,523 | $2.1M |
| 2022 | 266 | $36.0M | $1.0M | $1.9M |
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 | $65,527 | — | $65,527 |
| BANK OF AMERICA NA | Investment Advisor | $62,351 | — | $62,351 |
| BIRNBREY MINSK MINSK AND PERLING | Auditor | $25,400 | — | $25,400 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,278
- Estimated Expense Ratio: 0.310% 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 | $154,750 | — | $154,750 | — | — |
| 2023 | $109,892 | — | $109,892 | — | — |
| 2022 | $107,248 | — | $107,248 | — | — |