Plan Snapshot
- Plan Sponsor: Capital City Nissan, INC. D/B/A Michael Jordan Nis
- Sponsor EIN: 561697298
- Sponsor Address: 3930 DURHAM-CHAPEL HILL BLVD., DURHAM, NC, 27707
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $5.5M
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 | 77 | $5.5M | $312 | $264,337 |
| 2023 | 69 | $4.8M | $44,636 | $353,288 |
| 2022 | 68 | $4.1M | $46,189 | $381,492 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $189,397 | — | $5,652 | — | — |
| 2023 | $200 | — | — | — | — |
| 2022 | $225 | — | — | — | — |