Plan Snapshot
- Plan Sponsor: Southern Marketing Affiliates, INC.
- Sponsor EIN: 710356499
- Sponsor Address: P.O. BOX 2247, JONESBORO, AR, 724022247
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $13.6M
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 | 125 | $13.6M | $370,495 | $653,482 |
| 2023 | 112 | $12.6M | $395,322 | $647,481 |
| 2022 | 123 | $10.6M | $358,071 | $587,226 |
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 |
|---|---|---|---|---|
| CPI QUALIFIED PLAN CONSULTANTS, INC | Recordkeeper | $48,700 | — | $48,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CPI QUALIFIED PLAN CONSULTANTS, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,700
- Estimated Expense Ratio: 0.357% 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 | $48,700 | — | $39,939 | — | — |
| 2023 | $59,209 | — | $48,619 | — | — |
| 2022 | $55,307 | — | $55,307 | — | — |