Plan Snapshot
- Plan Sponsor: Boice-Willis Clinic, P.A.
- Sponsor EIN: 561025986
- Sponsor Address: P.O. BOX 7200, ROCKY MOUNT, NC, 27804
- Plan Type: 401(k)
- Total Participants: 290
- Total Assets: $97.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 290 | $97.0M | $2.2M | $1.4M |
| 2023 | 289 | $84.6M | $2.3M | $1.3M |
| 2022 | 283 | $78.7M | $2.1M | $1.2M |
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 |
|---|---|---|---|---|
| MODERA WEALTH MANAGEMENT LLC | NONE | $73,821 | — | $73,821 |
| CURI RMB CAPITAL LLC | NONE | $44,671 | — | $44,671 |
| WHITENER CAPITAL MANAGEMENT IN | NONE | $19,994 | — | $19,994 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $6,058 | — | $6,058 |
| WILLIAMS OVERMAN PIERCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- WILLIAMS OVERMAN PIERCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $144,544
- Estimated Expense Ratio: 0.149% 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 | $145,862 | $140,172 | — | — | — |
| 2023 | $142,558 | $137,108 | — | — | — |
| 2022 | $107,652 | $100,996 | — | — | — |