Plan Snapshot
- Plan Sponsor: Alcami Carolinas Corporation
- Sponsor EIN: 270426024
- Sponsor Address: 2320 SCIENTIFIC PARK DRIVE, WILMINGTON, NC, 28405
- Plan Type: 401(k)
- Total Participants: 937
- Total Assets: $102.3M
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 | 937 | $102.3M | $3.4M | $7.7M |
| 2023 | 999 | $85.9M | $3.3M | $7.5M |
| 2022 | 931 | $69.2M | $2.6M | $5.9M |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $135,636 | — | $135,636 |
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $61,453 | — | $61,453 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,089
- Estimated Expense Ratio: 0.193% 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 | $197,090 | $165,787 | — | — | — |
| 2023 | $164,955 | $51,219 | — | — | — |
| 2022 | $158,777 | — | — | — | — |