Plan Snapshot
- Plan Sponsor: Possiblenow, INC.
- Sponsor EIN: 582550615
- Sponsor Address: 4400 RIVER GREEN PARKWAY, SUITE 100, DULUTH, GA, 300960000
- Plan Type: 401(k)
- Total Participants: 121
- Total Assets: $12.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 121 | $12.5M | $277,581 | $1.3M |
| 2023 | 135 | $10.2M | $284,436 | $1.2M |
| 2022 | 132 | $7.3M | $247,109 | $1.0M |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $7,843 | $5,637 | $2,206 | — | — |
| 2023 | $65,738 | — | $5,445 | — | — |
| 2022 | $55,781 | $8 | $50,933 | — | $4,840 |