# Carolina Fiber Communications, INC. 401(k) Plan
Source: https://planprovider.pro/companies/carolina-fiber-communications-inc-401k-plan

> Carolina Fiber Communications, INC.'s 401(k) plan: 15 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Carolina Fiber Communications, INC.

- **Sponsor EIN:** 561890605

- **Sponsor Address:** 3812 E TARHEEL DR, RALEIGH, NC, 27609

- **Plan Type:** 401(k)

- **Total Participants:** 15

- **Total Assets:** $2.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|15|$2.6M|$50,000|$61,116|

| 2023|9|$2.3M|$141,299|$68,115|

| 2022|11|$1.8M|$105,196|$59,018|

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