Plan Snapshot
- Plan Sponsor: Sterling Seacrest Pritchard, INC.
- Sponsor EIN: 450491669
- Sponsor Address: 2500 CUMBERLAND PARKWAY, SUITE 400, ATLANTA, GA, 30339
- Plan Type: 401(k)
- Total Participants: 352
- Total Assets: $63.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 352 | $63.5M | $2.4M | $3.3M |
| 2023 | 322 | $55.5M | $2.2M | $3.0M |
| 2022 | 281 | $44.5M | $1.8M | $2.6M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES, INC. | INVESTMENT ADVISOR | $55,089 | — | $55,089 |
| ERISA SERVICES OF GEORGIA LLC | CONTRACT ADMIN | $34,802 | — | $34,802 |
| EMPOWER ANNUITY INS CO OF AMERICA | RECORDKEEPER | $18,225 | — | $18,225 |
| EMPOWER ADVISORY GROUP | INVESTMENT MGMT | $17,329 | — | $17,329 |
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,445
- Estimated Expense Ratio: 0.198% 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 | $108,225 | — | $108,225 | — | — |
| 2023 | $90,722 | — | $90,722 | — | — |
| 2022 | $101,651 | — | $101,651 | — | — |