Plan Snapshot
- Plan Sponsor: Specialty Management, INC.
- Sponsor EIN: 201332539
- Sponsor Address: 1240 JESSE JEWELL PKWY SUITE 300, GAINESVILLE, GA, 30501
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 165 | $10.8M | $428,433 | $499,781 |
| 2023 | 126 | $9.2M | $455,193 | $475,168 |
| 2022 | 120 | $7.7M | $425,909 | $388,269 |
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 |
|---|---|---|---|---|
| RUSHTON, LLC | 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 | $26,738 | $349 | — | — | — |
| 2023 | $22,500 | $132 | — | — | — |
| 2022 | $22,223 | $4 | — | — | — |