Plan Snapshot
- Plan Sponsor: Centraarchy Restaurant Management Corp
- Sponsor EIN: 581535544
- Sponsor Address: 236 ABLEMARLE ROAD, CHARLESTON, SC, 29407
- Plan Type: 401(k)
- Total Participants: 620
- Total Assets: $13.1M
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 | 620 | $13.1M | $173,366 | $640,907 |
| 2023 | 810 | $11.9M | $162,568 | $581,387 |
| 2022 | 747 | $10.3M | $210,762 | $443,761 |
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 |
|---|---|---|---|---|
| JP MORGAN SECURITIES LLC | Investment Advisor | $31,963 | — | $31,963 |
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $17,281 | — | $17,281 |
| FUTUREPLAN BY ASCENSUS | Other Service Provider | $7,723 | — | $7,723 |
| ASCENSUS INC | Recordkeeper | — | $5,327 | $5,327 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,294
- Estimated Expense Ratio: 0.477% 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 | $22,098 | — | $22,098 | — | — |
| 2023 | $23,390 | — | $23,390 | — | — |
| 2022 | $19,415 | $11,899 | $7,516 | — | — |