Plan Snapshot
- Plan Sponsor: Bericap Sc, LLC
- Sponsor EIN: 352309666
- Sponsor Address: 1300 MOUNT OLIVE ROAD, COWPENS, SC, 29330
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 120 | $6.1M | $257,264 | $649,005 |
| 2023 | 127 | $5.5M | $206,256 | $511,808 |
| 2022 | 113 | $4.3M | $175,501 | $466,628 |
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 |
|---|---|---|---|---|
| PLANTE MORAN, PLLC | 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 | $40,898 | $15,000 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |