Plan Snapshot
- Plan Sponsor: Capital Bank, N.A.
- Sponsor EIN: 522132492
- Sponsor Address: 2275 RESEARCH BLVD 6TH FLOOR, ROCKVILLE, MD, 20850
- Plan Type: 401(k)
- Total Participants: 411
- Total Assets: $32.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 411 | $32.5M | $1.3M | $2.9M |
| 2023 | 285 | $24.5M | $1.1M | $2.6M |
| 2022 | 283 | $18.6M | $1.0M | $2.4M |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS, LLC — Auditor
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 | $105,566 | $39,368 | — | — | — |
| 2023 | $83,364 | $30,399 | — | — | — |
| 2022 | $77,000 | — | — | — | — |