Plan Snapshot
- Plan Sponsor: Caviness & Cates Building And
- Sponsor EIN: 562119964
- Sponsor Address: 639 EXECUTIVE PLACE, FAYETTEVILLE, NC, 28305
- Plan Type: 401(k)
- Total Participants: 134
- Total Assets: $5.3M
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 | 134 | $5.3M | $240,633 | $699,301 |
| 2023 | 147 | $4.2M | $258,336 | $728,506 |
| 2022 | 168 | $2.9M | $257,435 | $659,887 |
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 |
|---|---|---|---|---|
| ELLIOTT GROUP CPAS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT GROUP CPAS, PLLC — 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 | $4,182 | $557 | $3,125 | — | — |
| 2023 | $1,959 | $184 | $1,425 | — | — |
| 2022 | $1,962 | — | — | — | — |