Plan Snapshot
- Plan Sponsor: The Montgomery Academy
- Sponsor EIN: 630401358
- Sponsor Address: 3240 VAUGHN ROAD, MONTGOMERY, AL, 36106
- Plan Type: 403(b)
- Total Participants: 218
- Total Assets: $27.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 218 | $27.4M | $316,945 | $321,258 |
| 2023 | 108 | $25.0M | $323,240 | $338,414 |
| 2022 | 108 | $22.5M | $325,286 | $358,983 |
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 |
|---|---|---|---|---|
| JACKSON THORNTON & CO., P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $42,748 | — | $42,748 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |