Plan Snapshot
- Plan Sponsor: Boone Drugs, INC.
- Sponsor EIN: 560999109
- Sponsor Address: 345 DEERFIELD ROAD, BOONE, NC, 28607
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $11.1M
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 | 130 | $11.1M | $69,301 | $265,216 |
| 2023 | 104 | $10.4M | $80,316 | $276,843 |
| 2022 | 107 | $9.6M | $92,035 | $253,101 |
| 2021 | 123 | $11.2M | $0 | $0 |
| 2020 | 122 | $10.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| DMJPS 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 | $16,842 | — | $16,842 | — | — |
| 2023 | $2,928 | — | $2,928 | — | — |
| 2022 | $3,188 | — | $3,188 | — | — |
| 2021 | $8,613 | — | $8,613 | — | — |
| 2020 | $9,437 | — | $9,437 | — | — |