Plan Snapshot
- Plan Sponsor: Beaver Sports Properties, INC.
- Sponsor EIN: 561937608
- Sponsor Address: 2929 N. OXFORD STREET, CLAREMONT, NC, 28610
- Plan Type: 401(k)
- Total Participants: 2,220
- Total Assets: $8.3M
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 | 2,220 | $8.3M | $39,161 | $250,641 |
| 2023 | 1,096 | $9.3M | $76,661 | $465,863 |
| 2022 | 1,065 | $8.4M | $65,848 | $413,582 |
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 |
|---|---|---|---|---|
| DAVIDSON, HOLLAND, WHITESELL & CO | 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 | $116,308 | — | $116,308 | — | — |
| 2023 | $76,008 | — | $76,008 | — | — |
| 2022 | $66,813 | — | $66,813 | — | — |