Plan Snapshot
- Plan Sponsor: Southwest Georgia Community Action Council, INC.
- Sponsor EIN: 580957513
- Sponsor Address: 912 1ST AVE SE, MOULTRIE, GA, 31768
- Plan Type: 401(k)
- Total Participants: 473
- Total Assets: $4.1M
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 | 473 | $4.1M | $255,284 | $326,264 |
| 2023 | 485 | $3.4M | $246,684 | $308,840 |
| 2022 | 467 | $3.0M | $259,268 | $315,453 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $16,783 | — | $16,783 |
| CAMBRIDGE INVESTMENT RESEARCH, | Investment Advisor | $6,333 | — | $6,333 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,116
- Estimated Expense Ratio: 0.567% 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 | $23,116 | $6,333 | $16,783 | — | — |
| 2023 | $1,261 | — | — | — | — |
| 2022 | $2,052 | — | — | — | — |