Plan Snapshot
- Plan Sponsor: The Production Hive, LLC
- Sponsor EIN: 831934787
- Sponsor Address: 8923 LINKSVUE DRIVE, KNOXVILLE, TN, 37922
- Plan Type: 403(b)
- Total Participants: 225
- Total Assets: $8.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 225 | $8.0M | $414,584 | $698,462 |
| 2023 | 222 | $6.5M | $367,792 | $666,066 |
| 2022 | 203 | $5.5M | $330,131 | $600,779 |
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 |
|---|---|---|---|---|
| PROFFITT & GOODSON, INC. | INVESTMENT ADVISOR | $34,670 | — | $34,670 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $34,496 | — | $34,496 |
| TENNESSEE PENSION ADMINISTRATORS | CONTRACT ADMINISTRATOR | $15,218 | — | $15,218 |
| RODEFER MOSS & CO, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,384
- Estimated Expense Ratio: 1.050% 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 | $67,732 | $34,670 | $15,218 | — | — |
| 2023 | $68,123 | $29,743 | $13,276 | $8,000 | — |
| 2022 | $77,286 | $28,487 | $26,799 | — | $22,000 |