Plan Snapshot
- Plan Sponsor: Safeguard Operations, LLC
- Sponsor EIN: 522288756
- Sponsor Address: 3384 PEACHTREE ROAD NE, ATLANTA, GA, 30326
- Plan Type: 401(k)
- Total Participants: 179
- Total Assets: $12.5M
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 | 179 | $12.5M | $361,721 | $856,653 |
| 2023 | 179 | $10.5M | $352,560 | $835,330 |
| 2022 | 190 | $9.2M | $343,503 | $825,173 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $50,252 | — | $50,252 |
| BROADSTREET CAPITAL ADVISORS, LLC | INVESTMENT ADVISORY | — | $34,312 | $34,312 |
| ADAMSBROWN, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADAMSBROWN, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,564
- Estimated Expense Ratio: 0.678% 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 | $50,252 | — | $50,252 | — | — |
| 2023 | $46,555 | — | $46,555 | — | — |
| 2022 | $45,859 | — | $45,859 | — | — |