Plan Snapshot
- Plan Sponsor: Arrowpoint Group, INC
- Sponsor EIN: 562003160
- Sponsor Address: 3600 ARCO CORPORATE DRIVE, CHARLOTTE, NC, 28273
- Plan Type: DB
- Total Participants: 69
- Total Assets: $524.6M
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 | 69 | $524.6M | $0 | $0 |
| 2023 | 84 | $534.8M | $0 | $0 |
| 2022 | 102 | $536.5M | $0 | $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 |
|---|---|---|---|---|
| ARROWOOD INDEMNITY COMPANY | Recordkeeper | $1,080,669 | — | $1,080,669 |
| WELLINGTON TRUST | Other Service Provider | $296,722 | — | $296,722 |
| STATE STREET BANK & TRUST COMPANY | Other Service Provider | $248,612 | — | $248,612 |
| BARINGS LLC | Other Service Provider | $245,673 | — | $245,673 |
| PGIM QUANTITATIVE SOLUTIONS LLC | Recordkeeper | $131,246 | — | $131,246 |
| MERCER | Other Service Provider | $117,373 | — | $117,373 |
| CLEARWATER | Other Service Provider | $112,404 | — | $112,404 |
| MARSH USA | Other Service Provider | $80,619 | — | $80,619 |
| GRANT THORNTON | Auditor | $36,600 | — | $36,600 |
| PRICEWATERHOUSECOOPERS | Auditor | $29,250 | — | $29,250 |
| POYNER SPRUILL | Other Service Provider | $7,310 | — | $7,310 |
| ARTECH GRAPHICS | Other Service Provider | $6,854 | — | $6,854 |
| VRC | Other Service Provider | $5,574 | — | $5,574 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PGIM QUANTITATIVE SOLUTIONS LLC — Recordkeeper
- GRANT THORNTON — Auditor
- PRICEWATERHOUSECOOPERS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,398,906
- Estimated Expense Ratio: 0.457% 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 | $2,691,567 | $709,598 | $101,861 | $36,600 | — |
| 2023 | $3,637,636 | $607,618 | $98,065 | $36,600 | — |
| 2022 | $6,337,386 | $569,728 | $233,341 | — | $239,946 |