Plan Snapshot
- Plan Sponsor: Synergis
- Sponsor EIN: 582355388
- Sponsor Address: 1105 LAKEWOOD PARKWAY, ALPHARETTA, GA, 30009
- Plan Type: 401(k)
- Total Participants: 284
- Total Assets: $7.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 284 | $7.8M | $0 | $1.8M |
| 2023 | 311 | $6.2M | $0 | $1.8M |
| 2022 | 315 | $3.9M | $0 | $1.1M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $47,603 | — | $47,603 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $16,032 | $438 | $16,470 |
| SMITH & HOWARD P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,073
- Estimated Expense Ratio: 0.822% 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 | $63,635 | $16,032 | — | — | — |
| 2023 | $56,240 | — | — | — | — |
| 2022 | $37,051 | — | — | — | — |