Plan Snapshot
- Plan Sponsor: Therapy South, LLC
- Sponsor EIN: 205071801
- Sponsor Address: 2823 GREYSTONE COMMERICAL BLVD., BIRMINGHAM, AL, 35242
- Plan Type: 401(k)
- Total Participants: 326
- Total Assets: $21.8M
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 | 326 | $21.8M | $744,891 | $1.3M |
| 2023 | 296 | $17.6M | $649,442 | $1.1M |
| 2022 | 262 | $13.7M | $595,232 | $1.0M |
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 |
|---|---|---|---|---|
| THE HIGHLANDS ACCOUNTING GROUP | 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 | $54,845 | $53,090 | — | — | — |
| 2023 | $46,420 | $45,375 | — | — | — |
| 2022 | $49,661 | — | — | — | — |