Plan Snapshot
- Plan Sponsor: Southland Medical Group, LLC
- Sponsor EIN: 451439212
- Sponsor Address: 100 S. MADISON STREET, THOMASVILLE, GA, 31792
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $4.9M
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 | 120 | $4.9M | $491,215 | $721,013 |
| 2023 | 137 | $3.4M | $454,954 | $673,635 |
| 2022 | 120 | $2.1M | $412,837 | $537,426 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM | Auditor | — | — | $0 |
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 | $24,901 | $878 | $22,883 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |