Plan Snapshot
- Plan Sponsor: Abound Health Holding, LLC
- Sponsor EIN: 853192415
- Sponsor Address: 3330 MONROE ROAD, CHARLOTTE, NC, 28205
- Plan Type: 401(k)
- Total Participants: 1,973
- Total Assets: $7.5M
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 | 1,973 | $7.5M | $549,110 | $888,089 |
| 2023 | 1,786 | $5.8M | $411,128 | $668,871 |
| 2022 | 1,245 | $4.4M | $399,120 | $639,317 |
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 |
|---|---|---|---|---|
| ANDERSON SMITH & WIKE PLLC | 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 | $68,465 | — | $66,254 | — | — |
| 2023 | $49,711 | — | $49,711 | — | — |
| 2022 | $53,875 | — | — | — | $42,860 |