Plan Snapshot
- Plan Sponsor: Apiture, INC
- Sponsor EIN: 371861616
- Sponsor Address: 1805 TIBURON DRIVE, WILMINGTON, NC, 28403
- Plan Type: 401(k)
- Total Participants: 307
- Total Assets: $33.6M
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 | 307 | $33.6M | $2.1M | $3.2M |
| 2023 | 293 | $25.3M | $1.8M | $2.7M |
| 2022 | 279 | $18.0M | $1.7M | $2.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $10,185 | — | $10,185 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $9,746 | — | $9,746 |
| FORVIS MAZARS , LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS , LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $19,931
- Estimated Expense Ratio: 0.059% 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 | $19,931 | $10,185 | — | — | — |
| 2023 | $15,316 | $12,803 | — | — | — |
| 2022 | $15,886 | $10,155 | — | — | — |