Plan Snapshot
- Plan Sponsor: Snapmedtech, INC.
- Sponsor EIN: 821845669
- Sponsor Address: 1197 PEACHTREE ST. NE, ATLANTA, GA, 30361
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $4.5M
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 | 90 | $4.5M | $306,091 | $924,726 |
| 2023 | 164 | $3.3M | $293,764 | $882,432 |
| 2022 | 232 | $1.5M | $309,172 | $973,211 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS | RECORD KEEPER | $26,244 | — | $26,244 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | RECORD KEEPER | $15,154 | — | $15,154 |
| COULTER & JUSTUS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS — RECORD KEEPER
- ADMIN. GROUP, LLC DBA TAG RESOURCES — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,398
- Estimated Expense Ratio: 0.911% 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 | $41,398 | — | — | — | — |
| 2023 | $29,234 | — | $11,436 | — | — |
| 2022 | $13,065 | — | $13,065 | — | — |