Plan Snapshot
- Plan Sponsor: Cardinal Civil Contracting, LLC
- Sponsor EIN: 461812506
- Sponsor Address: 4441 SIX FORKS ROAD, SUITE 106-261, RALEIGH, NC, 27609
- Plan Type: 401(k)
- Total Participants: 439
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 439 | $6.1M | $837,089 | $1.2M |
| 2023 | 310 | $3.9M | $525,102 | $816,307 |
| 2022 | 199 | $1.6M | $202,875 | $323,545 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | NONE | $5,711 | $45,501 | $51,212 |
| OAK HARBOR WEALTH PARTNERS | FINANCIAL ADVISOR | — | $24,994 | $24,994 |
| THOMAS, JUDY & TUCKER PA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,206
- Estimated Expense Ratio: 1.239% 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 | $5,902 | — | $5,902 | — | — |
| 2023 | $2,949 | — | $2,949 | — | — |
| 2022 | $6,735 | — | $6,735 | — | — |