Plan Snapshot
- Plan Sponsor: Asheville-Buncombe Community Christian
- Sponsor EIN: 560945001
- Sponsor Address: 1845 BREVARD RD, ARDEN, NC, 28704
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $2.6M
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 | 225 | $2.6M | $289,023 | $234,324 |
| 2023 | 97 | $1.9M | $124,216 | $0 |
| 2022 | 93 | $1.5M | $117,556 | $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 |
|---|---|---|---|---|
| CARTER, P.C | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $11,391 | $7,038 | $2,664 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |