Plan Snapshot
- Plan Sponsor: Brooks Equipment Company, LLC.
- Sponsor EIN: 880161234
- Sponsor Address: 10926 DAVID TAYLOR DR, SUITE 300, CHARLOTTE, NC, 28262
- Plan Type: 401(k)
- Total Participants: 444
- Total Assets: $33.0M
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 | 444 | $33.0M | $654,837 | $2.4M |
| 2023 | 417 | $28.9M | $628,911 | $2.1M |
| 2022 | 341 | $23.7M | $536,788 | $1.8M |
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 |
|---|---|---|---|---|
| LONG CPA, 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 | $98,281 | — | $98,281 | — | — |
| 2023 | $84,636 | — | $84,636 | — | — |
| 2022 | $78,865 | — | $78,865 | — | — |