Plan Snapshot
- Plan Sponsor: Aquafil O'Mara, INC.
- Sponsor EIN: 231726565
- Sponsor Address: 160 FASHION AVENUE, CONNELLY SPRINGS, NC, 28612
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $3.4M
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 | 103 | $3.4M | $110,323 | $162,112 |
| 2023 | 114 | $4.9M | $127,811 | $188,118 |
| 2022 | 124 | $4.5M | $133,876 | $210,525 |
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 |
|---|---|---|---|---|
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $4,200 | $2,346 | $6,546 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,546
- Estimated Expense Ratio: 0.192% 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 | $20,962 | — | $20,962 | — | — |
| 2023 | $16,743 | — | $16,743 | — | — |
| 2022 | $13,693 | — | $13,693 | — | — |