Plan Snapshot
- Plan Sponsor: Russell Medical Center
- Sponsor EIN: 630385130
- Sponsor Address: P.O. BOX 939, ALEXANDER CITY, AL, 35011
- Plan Type: DB
- Total Participants: 208
- Total Assets: $20.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 208 | $20.6M | $0 | $0 |
| 2023 | 210 | $19.5M | $135,000 | $0 |
| 2022 | 250 | $18.6M | $845,000 | $0 |
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 |
|---|---|---|---|---|
| MILLIMAN | Recordkeeper | $136,560 | — | $136,560 |
| BIRMINGHAM CAPITAL MANAGEMENT | Other Service Provider | $103,303 | — | $103,303 |
| PRINCIPALBANK - TRUSTEE | Other Service Provider | $42,162 | — | $42,162 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $282,025
- Estimated Expense Ratio: 1.371% 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 | $341,955 | $103,303 | — | — | — |
| 2023 | $262,549 | $90,913 | — | — | — |
| 2022 | $156,358 | $84,279 | $38,222 | — | $32,354 |