Plan Snapshot
- Plan Sponsor: Branford Filtration, LLC Dba Fibrix Filtration
- Sponsor EIN: 852075925
- Sponsor Address: 1101 TAR HEEL ROAD, CHARLOTTE, NC, 28208
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $11.4M
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 | 382 | $11.4M | $139,624 | $650,411 |
| 2023 | 300 | $6.9M | $129,366 | $314,622 |
| 2022 | 128 | $1.1M | $53,035 | $154,890 |
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 |
|---|---|---|---|---|
| T. ROWE PRICE RPS, INC. | NONE | $58,861 | — | $58,861 |
| AC CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AC CPA, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,861
- Estimated Expense Ratio: 0.516% 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 | $58,861 | — | — | — | — |
| 2023 | $23,695 | — | — | — | — |
| 2022 | $2,375 | — | — | — | — |