Plan Snapshot
- Plan Sponsor: Boddie-Noell Enterprises, INC.
- Sponsor EIN: 560751071
- Sponsor Address: PO BOX 1908, ROCKY MOUNT, NC, 278021908
- Plan Type: 401(k)
- Total Participants: 4,230
- Total Assets: $64.0M
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 | 4,230 | $64.0M | $553,365 | $2.1M |
| 2023 | 3,554 | $59.8M | $422,928 | $1.9M |
| 2022 | 3,602 | $56.2M | $467,412 | $2.0M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $107,703 | — | $107,703 |
| CAPTRUST FINANCIAL PARTNERS, LLC | CONSULTANT | $30,568 | — | $30,568 |
| PBMARES | ACCOUNTANT | $21,857 | — | $21,857 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $160,128
- Estimated Expense Ratio: 0.250% 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 | $154,482 | $24,597 | — | $22,057 | — |
| 2023 | $164,212 | $23,881 | — | $22,898 | — |
| 2022 | $177,720 | $23,185 | $133,115 | — | $21,420 |