Plan Snapshot
- Plan Sponsor: Affinity Southeast
- Sponsor EIN: 800587545
- Sponsor Address: 8811 SIDNEY CIRCLE, CHARLOTTE, NC, 28269
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 112 | $9.3M | $348,252 | $933,166 |
| 2023 | 120 | $9.8M | $316,540 | $860,714 |
| 2022 | 113 | $8.5M | $307,620 | $855,443 |
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 |
|---|---|---|---|---|
| PARSONS CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARSONS CPA, PLLC — Auditor
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 | $61,662 | $34,191 | — | — | — |
| 2023 | $53,352 | $26,629 | — | — | — |
| 2022 | $57,119 | $28,942 | $28,177 | — | — |