Plan Snapshot
- Plan Sponsor: Spiva Law Group, P.C.
- Sponsor EIN: 454184841
- Sponsor Address: 1137 MOHAWK STREET, SAVANNAH, GA, 31419
- Plan Type: DC
- Total Participants: 6
- Total Assets: $1.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 6 | $1.0M | $11,521 | $69,117 |
| 2023 | 7 | $1.7M | $12,554 | $68,213 |
| 2022 | 10 | $1.6M | $16,689 | $62,904 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AM | Recordkeeper | $6,280 | — | $6,280 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,280
- Estimated Expense Ratio: 0.617% 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 | $1,062,166 | — | $6,531 | — | — |
| 2023 | $14,207 | — | $5,736 | — | — |
| 2022 | $4,540 | — | $4,540 | — | — |