Plan Snapshot
- Plan Sponsor: American & Efird LLC
- Sponsor EIN: 453709699
- Sponsor Address: 121 W. TRADE ST. SUITE 1700, CHARLOTTE, NC, 28202
- Plan Type: DB
- Total Participants: 175
- Total Assets: $36.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 175 | $36.1M | $2.8M | $0 |
| 2023 | 192 | $35.6M | $2.3M | $0 |
| 2022 | 215 | $34.2M | $4.6M | $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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | $11,000 | — | $11,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.030% 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 | $675,568 | $54,404 | $41,300 | $11,000 | — |
| 2023 | $658,293 | $93,337 | — | $13,750 | — |
| 2022 | $627,128 | $53,676 | — | — | $158,534 |