Plan Snapshot
- Plan Sponsor: Schwartz & Associates, P. A.
- Sponsor EIN: 640854447
- Sponsor Address: 162 EAST AMITE STREET, JACKSON, MS, 39201
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $9.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 114 | $9.0M | $499,356 | $245,342 |
| 2023 | 96 | $7.9M | $424,697 | $249,217 |
| 2022 | 93 | $7.9M | $391,109 | $267,764 |
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 |
|---|---|---|---|---|
| MATTHEWS CUTRER AND LINDSAY, P.A. | Auditor | $11,500 | — | $11,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,500
- Estimated Expense Ratio: 0.128% 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 | $55,317 | $25,586 | $13,960 | $11,500 | — |
| 2023 | $35,158 | $24,736 | — | $3,500 | — |
| 2022 | $41,356 | $23,640 | $15,216 | — | $2,500 |