Plan Snapshot
- Plan Sponsor: Young Thagard Hoffman, LLP
- Sponsor EIN: 580898982
- Sponsor Address: P.O BOX 3007, VALDOSTA, GA, 31604
- Plan Type: DC
- Total Participants: 21
- Total Assets: $11.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 21 | $11.6M | $507,646 | $0 |
| 2023 | 19 | $10.2M | $507,975 | $0 |
| 2022 | 19 | $9.1M | $418,551 | $0 |
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 |
|---|---|---|---|---|
| MERILL LYNCH PIERCE, FENNER & SMITH | Investment Advisor | $56,063 | — | $56,063 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,063
- Estimated Expense Ratio: 0.483% 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 | $183,899 | — | $80,230 | — | — |
| 2023 | $351,611 | — | $98,548 | — | — |
| 2022 | $113,867 | — | $84,402 | — | — |