Plan Snapshot
- Plan Sponsor: Southern Mills, INC. Tencate Protective Fabrics
- Sponsor EIN: 580439110
- Sponsor Address: 6501 MALL BOULEVARD, UNION CITY, GA, 30291
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 504
- Total Assets: $581,836
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 504 | $581,836 | $2.8M | $1.9M |
| 2023 | 556 | $579,920 | $3.7M | $2.0M |
| 2022 | 556 | $546,158 | $2.7M | $2.0M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE SERVICES INC. | Other Service Provider | $229,914 | — | $229,914 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,914
- Estimated Expense Ratio: 39.515% 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 | $173,983 | — | — | — | — |
| 2023 | $313,042 | — | — | — | — |
| 2022 | $331,500 | — | — | — | — |