Plan Snapshot
- Plan Sponsor: Porter-Leath
- Sponsor EIN: 581409385
- Sponsor Address: 3400 PRESCOTT ROAD, MEMPHIS, TN, 38118
- Plan Type: DC
- Plan Number: 002
- Total Participants: 458
- Total Assets: $6.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 458 | $6.9M | $0 | $0 |
| 2024 | 310 | $6.1M | $285,221 | $422,717 |
| 2023 | 337 | $5.3M | $177,177 | $372,875 |
| 2022 | 367 | $4.8M | $127,740 | $195,729 |
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 |
|---|---|---|---|---|
| RENASANT BANK | Other Service Provider | $54,263 | — | $54,263 |
| EPIC RETIREMENT PLAN SERVICES | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,263
- Estimated Expense Ratio: 0.929% 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 |
|---|---|---|---|---|---|
| 2025 | $829,062 | — | — | — | — |
| 2024 | $60,043 | — | — | — | — |
| 2023 | $51,898 | — | — | — | — |
| 2022 | $37,066 | — | — | — | — |