Plan Snapshot
- Plan Sponsor: Southeastern Property Management LLC
- Sponsor EIN: 630755228
- Sponsor Address: 1103 RICHARD ARRINGTON, JR BLVD S, BIRMINGHAM, AL, 35205
- Plan Type: 401(k)
- Total Participants: 705
- Total Assets: $15.9M
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 | 705 | $15.9M | $796,185 | $1.7M |
| 2023 | 615 | $13.3M | $718,505 | $1.6M |
| 2022 | 681 | $10.1M | $703,462 | $1.6M |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS LLC | Investment Advisor | $87,759 | — | $87,759 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $46,405 | — | $46,405 |
| BLACK & PINCKARD LLC | Auditor | $11,000 | — | $11,000 |
| STONES RIVER CONSULTING | Recordkeeper | $8,787 | — | $8,787 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- BLACK & PINCKARD LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,951
- Estimated Expense Ratio: 0.966% 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 | $153,381 | — | $55,269 | — | — |
| 2023 | $89,512 | — | $78,512 | — | — |
| 2022 | $70,823 | — | $70,823 | — | — |