Plan Snapshot
- Plan Sponsor: Carolina Therapy Services INC.
- Sponsor EIN: 562145102
- Sponsor Address: 111 SOUTH RAILROAD AVENUE, DUNN, NC, 28334
- Plan Type: 401(k)
- Total Participants: 289
- Total Assets: $10.0M
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 | 289 | $10.0M | $220,094 | $634,794 |
| 2023 | 283 | $8.6M | $218,233 | $579,160 |
| 2022 | 253 | $6.9M | $207,034 | $548,580 |
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 |
|---|---|---|---|---|
| KIMBERLIN COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KIMBERLIN COMPANY, LLC — 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 | $60,907 | $23,674 | $37,233 | — | — |
| 2023 | $49,622 | $19,026 | $30,596 | — | — |
| 2022 | $46,182 | $25,474 | $20,692 | — | — |