Plan Snapshot
- Plan Sponsor: Ross & Yerger Insurance, INC.
- Sponsor EIN: 640947389
- Sponsor Address: PO BOX 1139, JACKSON, MS, 392151139
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $84.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 179 | $84.7M | $898,215 | $1.4M |
| 2023 | 155 | $74.4M | $717,099 | $1.1M |
| 2022 | 139 | $65.6M | $651,565 | $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 |
|---|---|---|---|---|
| EPIC | NONE | $23,510 | — | $23,510 |
| BANKPLUS | NONE | $19,999 | — | $19,999 |
| HOME CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,509
- Estimated Expense Ratio: 0.051% 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 | $52,742 | — | — | — | — |
| 2023 | $46,995 | — | — | — | — |
| 2022 | $62,079 | $62,079 | — | — | — |