Plan Snapshot
- Plan Sponsor: The Blossman Companies, INC.
- Sponsor EIN: 640408925
- Sponsor Address: PO BOX 1110, OCEAN SPRINGS, MS, 395661110
- Plan Type: 401(k)
- Total Participants: 1,075
- Total Assets: $60.6M
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. |
|---|---|---|---|---|
| 2023 | 1,075 | $60.6M | $2.0M | $3.6M |
| 2022 | 968 | $52.4M | $1.9M | $3.4M |
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 |
|---|---|---|---|---|
| G W HENSSLER AND ASSOCIATES LTD | INVESTMENT ADVISOR | $198,472 | — | $198,472 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | CONTRACT ADMIN | $102,340 | — | $102,340 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $92,470 | — | $92,470 |
| CARR, RIGGS & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $393,282
- Estimated Expense Ratio: 0.649% 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 |
|---|---|---|---|---|---|
| 2023 | $196,641 | — | $196,641 | — | — |
| 2022 | $184,037 | — | $182,337 | — | — |