Plan Snapshot
- Plan Sponsor: American Radio Television Cable, INC.
- Sponsor EIN: 562043596
- Sponsor Address: ONE TELEVISION PLACE, CHARLOTTE, NC, 28205
- Plan Type: 401(k)
- Total Participants: 315
- Total Assets: $19.0M
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 | 315 | $19.0M | $0 | $949,907 |
| 2023 | 374 | $17.5M | $0 | $1.1M |
| 2022 | 374 | $15.3M | $0 | $998,715 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $45,056 | — | $45,056 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $23,779 | — | $23,779 |
| ADMINISTRATIVE FIDUCIARY SERVICES | Other Service Provider | $11,400 | — | $11,400 |
| NOVA 401(K) ASSOCIATES | Other Service Provider | $9,479 | — | $9,479 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,714
- Estimated Expense Ratio: 0.472% 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 | $89,714 | — | $89,714 | — | — |
| 2023 | $75,895 | $75,895 | — | — | — |
| 2022 | $56,191 | — | $56,191 | — | — |