Plan Snapshot
- Plan Sponsor: South Carolina Oncology Associates, P. A.
- Sponsor EIN: 570787600
- Sponsor Address: 166 STONERIDGE DRIVE, COLUMBIA, SC, 29210
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 300
- Total Assets: $61.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 300 | $61.0M | $0 | $0 |
| 2024 | 209 | $51.0M | $3.0M | $613,295 |
| 2023 | 203 | $44.8M | $2.9M | $547,487 |
| 2022 | 188 | $37.1M | $2.5M | $466,727 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $57,979 | — | $57,979 |
| ASCENSUS HOLDINGS INC DBA | Other Service Provider | $44,080 | $10,000 | $54,080 |
| MERRILL LYNCH PIERCE FENNER & | Investment Advisor | $50,433 | — | $50,433 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $162,492
- Estimated Expense Ratio: 0.267% 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 |
|---|---|---|---|---|---|
| 2025 | $2,346,656 | — | $301,173 | — | — |
| 2024 | $274,604 | — | $274,604 | — | — |
| 2023 | $246,060 | — | $246,060 | — | — |
| 2022 | $241,362 | $240,682 | — | — | — |