Plan Snapshot
- Plan Sponsor: Terminal Investment Corporation
- Sponsor EIN: 586015509
- Sponsor Address: PO BOX 1434, SAVANNAH, GA, 31402
- Plan Type: 401(k)
- Total Participants: 491
- Total Assets: $10.6M
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 | 491 | $10.6M | $489,124 | $1.4M |
| 2023 | 369 | $8.5M | $433,328 | $1.1M |
| 2022 | 305 | $6.6M | $334,944 | $852,018 |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | SERVICE PROVIDER | — | $25,000 | $25,000 |
| DABBS, HICKMAN, HILL & CANNON, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,000
- Estimated Expense Ratio: 0.235% 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 | $126,641 | — | $126,641 | — | — |
| 2023 | $91,029 | — | $90,907 | — | — |
| 2022 | $59,354 | — | $59,354 | — | — |