Plan Snapshot
- Plan Sponsor: Avanti Equine
- Sponsor EIN: 364865081
- Sponsor Address: PO BOX 1669, COLUMBUS, NC, 28722
- Plan Type: 401(k)
- Total Participants: 373
- Total Assets: $5.4M
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 | 373 | $5.4M | $393,654 | $771,826 |
| 2022 | 178 | $2.1M | $328,052 | $701,766 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO. | RECORDKEEPER | $30,495 | — | $30,495 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $13,534 | — | $13,534 |
| EMPOWER ADVISORY GROUP | INVESTMENT MANAGER | $9,761 | — | $9,761 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,790
- Estimated Expense Ratio: 0.994% 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 | $53,845 | — | — | — | — |
| 2022 | $20,702 | — | — | — | — |