Plan Snapshot
- Plan Sponsor: Carolina Friends School
- Sponsor EIN: 560812560
- Sponsor Address: 4809 FRIENDS SCHOOL ROAD, DURHAM, NC, 27705
- Plan Type: 403(b)
- Total Participants: 137
- Total Assets: $23.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 137 | $23.8M | $411,044 | $605,385 |
| 2023 | 135 | $21.3M | $372,454 | $575,606 |
| 2022 | 121 | $19.2M | $324,288 | $523,105 |
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 |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER, P.A. | Auditor | — | — | $0 |
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 | $25,426 | — | $25,426 | — | — |
| 2023 | $27,246 | — | $27,246 | — | — |
| 2022 | $25,638 | — | $25,638 | — | — |