Plan Snapshot
- Plan Sponsor: Southeastern Psychiatric Management
- Sponsor EIN: 631050236
- Sponsor Address: 3001 SCENIC HIGHWAY, GADSDEN, AL, 35904
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $2.7M
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 | 213 | $2.7M | $33,852 | $168,649 |
| 2023 | 169 | $2.2M | $32,754 | $163,354 |
| 2022 | 151 | $1.8M | $30,734 | $161,987 |
| 2021 | 151 | $2.2M | $0 | $0 |
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 |
|---|---|---|---|---|
| BLACK & PINCKARD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLACK & PINCKARD, LLC — Auditor
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 | $23,965 | — | $23,965 | — | — |
| 2023 | $18,850 | — | $18,850 | — | — |
| 2022 | $14,657 | — | $14,657 | — | — |
| 2021 | $22,017 | — | — | — | — |