Plan Snapshot
- Plan Sponsor: The Bailey Company, INC.
- Sponsor EIN: 620509807
- Sponsor Address: 501 COWAN STREET, NASHVILLE, TN, 37207
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $18.6M
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 | 318 | $18.6M | $484,493 | $919,089 |
| 2023 | 304 | $17.9M | $423,005 | $814,874 |
| 2022 | 269 | $16.2M | $301,993 | $734,345 |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT ADVISOR | $42,271 | — | $42,271 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $29,360 | — | $29,360 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $8,327 | — | $8,327 |
| CROSSLIN CERTIFIED PUBLIC ACCOUNTAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,958
- Estimated Expense Ratio: 0.429% 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 | $79,958 | $50,598 | — | — | — |
| 2023 | $70,663 | $26,720 | $30,316 | $10,132 | — |
| 2022 | $70,634 | — | $70,634 | — | — |