Plan Snapshot
- Plan Sponsor: Southern Operators Health Fund Board Of Trustees
- Sponsor EIN: 432067325
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,209
- Total Assets: $33.0M
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 | 3,209 | $33.0M | $44.6M | $1.5M |
| 2023 | 3,055 | $29.0M | $41.2M | $1.5M |
| 2022 | 2,803 | $26.0M | $36.8M | $1.5M |
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 |
|---|---|---|---|---|
| BLUECROSS BLUESHIELD OF GA | Investment Advisor | $1,044,257 | — | $1,044,257 |
| SOUTHERN BENEFIT ADMINISTRATORS | Other Service Provider | $836,412 | — | $836,412 |
| SWIFTMD | Other Service Provider | $125,877 | — | $125,877 |
| MORGAN STANLEY | Recordkeeper | $118,179 | — | $118,179 |
| STRANCH, JENNINGS & GARVEY PLLC | Other Service Provider | $57,394 | — | $57,394 |
| DANIELS IRWIN & AYLOR | Auditor | $22,950 | — | $22,950 |
| NEWTEK TECHNOLOGY SOLUTIONS | Other Service Provider | $18,155 | — | $18,155 |
| HARPER & PEARSON COMPANY | Other Service Provider | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUECROSS BLUESHIELD OF GA — Investment Advisor
- MORGAN STANLEY — Recordkeeper
- DANIELS IRWIN & AYLOR — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,231,224
- Estimated Expense Ratio: 6.755% 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 | $3,218,140 | $118,179 | $816,000 | $31,375 | — |
| 2023 | $3,377,151 | $95,141 | $776,000 | $18,900 | — |
| 2022 | $2,537,971 | $107,245 | $756,000 | — | $85,115 |