Plan Snapshot
- Plan Sponsor: Savida Management, INC.
- Sponsor EIN: 822335379
- Sponsor Address: PO BOX 291943, NASHVILLE, TN, 37229
- Plan Type: 401(k)
- Total Participants: 196
- 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 | 196 | $6.2M | $611,279 | $957,360 |
| 2023 | 227 | $4.5M | $364,118 | $1.0M |
| 2022 | 151 | $2.8M | $251,667 | $531,958 |
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 |
|---|---|---|---|---|
| LBMC, PC | Auditor | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LBMC, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,000
- Estimated Expense Ratio: 0.242% 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 | $23,265 | — | $8,265 | $15,000 | — |
| 2023 | $15,494 | — | $3,495 | $11,999 | — |
| 2022 | $15,775 | — | $2,775 | — | $13,000 |