Plan Snapshot
- Plan Sponsor: Semmes-Murphey Clinic
- Sponsor EIN: 620642575
- Sponsor Address: 6325 HUMPHREYS BLVD., MEMPHIS, TN, 38120
- Plan Type: 401(k)
- Total Participants: 362
- Total Assets: $118.3M
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 | 362 | $118.3M | $4.2M | $1.6M |
| 2023 | 285 | $114.0M | $3.8M | $1.3M |
| 2022 | 264 | $96.8M | $3.6M | $1.3M |
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 RETIREMENT PLAN SERVICES | Recordkeeper | $106,945 | — | $106,945 |
| GERBER/TAYLOR & ASSOCIATES | Investment Advisor | $46,200 | — | $46,200 |
| BURLEIGH CONSULTING GROUP | Recordkeeper | $26,000 | — | $26,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $179,145
- Estimated Expense Ratio: 0.151% 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 | $179,144 | $46,200 | $106,944 | — | — |
| 2023 | $178,211 | $60,982 | $91,229 | — | — |
| 2022 | $153,277 | $36,890 | $90,387 | — | — |