Plan Snapshot
- Plan Sponsor: The Blood Connection, Incorporated
- Sponsor EIN: 570660489
- Sponsor Address: 1099 BRACKEN ROAD, PIEDMONT, SC, 296739644
- Plan Type: 401(k)
- Total Participants: 774
- Total Assets: $23.3M
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 | 774 | $23.3M | $2.3M | $1.5M |
| 2023 | 672 | $19.3M | $1.9M | $1.3M |
| 2022 | 579 | $15.9M | $1.6M | $1.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $160,837 | — | $160,837 |
| OSAIC FA, INC. | OTHER SERVICES | — | $49,082 | $49,082 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSAIC FA, INC. — OTHER SERVICES
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,919
- Estimated Expense Ratio: 0.899% 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 | $160,836 | — | $160,836 | — | — |
| 2023 | $129,833 | — | $129,833 | — | — |
| 2022 | $120,147 | — | $120,147 | — | — |