Plan Snapshot
- Plan Sponsor: Tombigbee Electric Power Association
- Sponsor EIN: 640254740
- Sponsor Address: P. O. DRAWER 1789, TUPELO, MS, 38802
- Plan Type: 401(k)
- Total Participants: 200
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 200 | $6.2M | $0 | $290,270 |
| 2023 | 204 | $5.7M | $0 | $275,764 |
| 2022 | 193 | $5.7M | $0 | $256,642 |
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 |
|---|---|---|---|---|
| FRANKS, FRANKS, WILEMON & HAGOOD PA | 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 | $23,569 | — | — | — | — |
| 2023 | $20,139 | — | — | — | — |
| 2022 | $14,942 | — | $14,942 | — | — |