Plan Snapshot
- Plan Sponsor: Care N Care Insurance Company Of North Carolina, INC.
- Sponsor EIN: 472847536
- Sponsor Address: 300 E WENDOVER AVENUE SUITE 121, GREENSBORO, NC, 27401
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $5.8M
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 | 135 | $5.8M | $269,813 | $592,569 |
| 2023 | 127 | $4.5M | $279,790 | $573,381 |
| 2022 | 120 | $3.6M | $240,091 | $589,363 |
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 |
|---|---|---|---|---|
| VALIC RETIREMENT SERVICES CO. | Other Service Provider | $10,417 | — | $10,417 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,417
- Estimated Expense Ratio: 0.179% 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 | $13,729 | — | $13,729 | — | — |
| 2023 | $1,975 | — | $1,975 | — | — |
| 2022 | $6,731 | — | $6,731 | — | — |