Plan Snapshot
- Plan Sponsor: Sidney Smith, M.D., P.A.
- Sponsor EIN: 582149083
- Sponsor Address: 900 MOHAWK STREET, SAVANNAH, GA, 31419
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 97 | $5.9M | $247,224 | $126,312 |
| 2023 | 142 | $4.7M | $202,928 | $69,040 |
| 2022 | 110 | $3.9M | $201,769 | $65,910 |
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 |
|---|---|---|---|---|
| BATES & CARTER | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $15,000 | $11,208 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |