Plan Snapshot
- Plan Sponsor: Protection Strategies, INC.
- Sponsor EIN: 522126333
- Sponsor Address: 9717 COGDILL ROAD, KNOXVILLE, TN, 37932
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $6.2M
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 | 302 | $6.2M | $357,095 | $789,845 |
| 2023 | 262 | $6.3M | $290,665 | $623,957 |
| 2022 | 206 | $5.5M | $288,224 | $664,759 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS, P. C. | 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 | $44,842 | $44,842 | — | — | — |
| 2023 | $42,112 | $42,112 | — | — | — |
| 2022 | $35,079 | $35,079 | — | — | — |