Plan Snapshot
- Plan Sponsor: Southeast Mortgage Of Georgia, INC.
- Sponsor EIN: 582059073
- Sponsor Address: 3575 KOGER BLVD, DULUTH, GA, 30096
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $10.0M
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 | 147 | $10.0M | $0 | $647,710 |
| 2023 | 172 | $8.9M | $174,978 | $667,350 |
| 2022 | 198 | $7.8M | $455,513 | $954,754 |
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 |
|---|---|---|---|---|
| BROWN & ASSOCIATES, PC | 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 | $34,237 | — | $34,237 | — | — |
| 2023 | $31,437 | — | $31,437 | — | — |
| 2022 | $28,642 | — | $28,642 | — | — |