Plan Snapshot
- Plan Sponsor: A Caring Alternative, LLC
- Sponsor EIN: 204357268
- Sponsor Address: PO BOX 1536, MORGANTON, NC, 28680
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $1.5M
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 | 152 | $1.5M | $108,298 | $199,437 |
| 2023 | 145 | $1.2M | $88,633 | $166,564 |
| 2022 | 121 | $943,120 | $44,625 | $133,392 |
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 |
|---|---|---|---|---|
| DAVIDSON, HOLLAND, WHITESELL & CO | 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 | $18,200 | — | $14,758 | — | — |
| 2023 | $20,775 | $1,918 | $13,675 | — | — |
| 2022 | $9,819 | $7,649 | — | — | — |