# Snapmedtech, INC. 401(k) Plan
Source: https://planprovider.pro/companies/snapmedtech-inc-401k-plan

> Snapmedtech, INC.'s 401(k) plan: 90 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/transamerica) — RECORD KEEPER

- [ADMIN. GROUP, LLC DBA TAG RESOURCES](https://planprovider.pro/provider/transamerica) — 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|—|—|

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