Plan Snapshot
- Plan Sponsor: Blue Ridge Companies, INC.
- Sponsor EIN: 561985776
- Sponsor Address: 5826 SAMET DRIVE, SUITE 105, HIGH POINT, NC, 27265
- Plan Type: 401(k)
- Total Participants: 308
- Total Assets: $13.0M
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 | 308 | $13.0M | $369,927 | $1.1M |
| 2023 | 315 | $11.6M | $312,678 | $986,556 |
| 2022 | 275 | $9.9M | $286,269 | $953,448 |
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 |
|---|---|---|---|---|
| MVP PLAN ADMINISTRATORS, INC | RECORDKEEPER | $18,866 | — | $18,866 |
| SECURITIES AMERICA ADVISORS, INC | INVESTMENT ADVISOR | $11,000 | — | $11,000 |
| BERNARD ROBINSON AND COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BERNARD ROBINSON AND COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,866
- Estimated Expense Ratio: 0.229% 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 | $34,802 | $11,000 | — | — | — |
| 2023 | $29,117 | $11,000 | $13,967 | — | — |
| 2022 | $30,999 | $10,500 | $15,965 | — | — |