Plan Snapshot
- Plan Sponsor: The Ogeechee Group, INC.
- Sponsor EIN: 582498918
- Sponsor Address: 4524 OGEECHEE ROAD, SAVANNAH, GA, 31405
- Plan Type: 401(k)
- Total Participants: 961
- Total Assets: $20.1M
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 | 961 | $20.1M | $299,510 | $1.8M |
| 2023 | 827 | $16.8M | $302,604 | $1.6M |
| 2022 | 689 | $12.8M | $259,334 | $1.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $19,980 | — | $19,980 |
| NWRPC LLC | Other Service Provider | $3,875 | $9,041 | $12,916 |
| MMLIS | Investment Advisor | — | $12,629 | $12,629 |
| NEW EDGE ADVISORS, LLC | Investment Advisor | $11,053 | — | $11,053 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,578
- Estimated Expense Ratio: 0.281% 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 | $27,206 | — | $27,206 | — | — |
| 2023 | $17,837 | — | $17,837 | — | — |
| 2022 | $15,958 | — | $15,958 | — | — |