Plan Snapshot
- Plan Sponsor: Softpath System, LLC
- Sponsor EIN: 582501704
- Sponsor Address: 3985 STEVE REYNOLDS BLVD, NORCROSS, GA, 30093
- Plan Type: DC
- Total Participants: 385
- Total Assets: $2.5M
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 | 385 | $2.5M | $0 | $360,505 |
| 2023 | 401 | $2.0M | $0 | $405,455 |
| 2022 | 506 | $1.8M | $0 | $502,786 |
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 |
|---|---|---|---|---|
| SMITH HOWARD | 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 | $2,377 | — | — | — | — |
| 2023 | $3,206 | — | — | — | — |
| 2022 | $2,620 | — | — | — | — |