# Sokal Media Group, INC. 401(k) Plan
Source: https://planprovider.pro/companies/sokal-media-group-inc-401k-plan

> Sokal Media Group, INC.'s 401(k) plan: 178 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Sokal Media Group, INC.

- **Sponsor EIN:** 271368650

- **Sponsor Address:** 9911 NORTHCROSS CENTER COURT, HUNTERSVILLE, NC, 28078

- **Plan Type:** 401(k)

- **Total Participants:** 178

- **Total Assets:** $5.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|178|$5.6M|$455,033|$455,080|

| 2023|153|$4.4M|$356,460|$586,361|

| 2022|135|$3.1M|$240,210|$448,023|

## 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|

| JOHN HANCOCK|RECORDKEEPER|$17,176|—|$17,176|

| HFA CERTIFIED PUBLIC ACCOUNTANTS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JOHN HANCOCK](https://planprovider.pro/provider/john-hancock) — RECORDKEEPER

- [HFA CERTIFIED PUBLIC ACCOUNTANTS](https://planprovider.pro/provider/holman-frenia-allison-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $17,176

- **Estimated Expense Ratio:** 0.304% 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|$17,176|$707|$16,469|—|—|

| 2023|$9,710|$254|$9,456|—|—|

| 2022|$3,328|—|$2,955|—|—|

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