Plan Snapshot
- Plan Sponsor: Purchasing Power LLC
- Sponsor EIN: 900193342
- Sponsor Address: 2727 PACES FERRY ROAD SE, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $25.7M
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 | 264 | $25.7M | $1.4M | $2.6M |
| 2023 | 244 | $20.8M | $774,414 | $2.4M |
| 2022 | 239 | $16.3M | $681,481 | $2.1M |
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 FINANCIAL LIFE INS | RECORDKEEPER | $28,136 | — | $28,136 |
| UBS FINANCIAL SERVICES INC | INVESTMENT ADVISORY | $23,416 | — | $23,416 |
| ERISA CPA | AUDIT | $7,000 | — | $7,000 |
| LEGACY RETIREMENT SOLUTIONS, LLC | RECORDKEEPER | $6,599 | — | $6,599 |
| WINDHAM BRANNON | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS — RECORDKEEPER
- UBS FINANCIAL SERVICES INC — INVESTMENT ADVISORY
- ERISA CPA — AUDIT
- WINDHAM BRANNON — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,151
- Estimated Expense Ratio: 0.254% 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 | $99,637 | — | $99,637 | — | — |
| 2023 | $103,551 | — | $103,551 | — | — |
| 2022 | $103,814 | — | $103,814 | — | — |