Plan Snapshot
- Plan Sponsor: Clarkston-Potomac Group, INC.
- Sponsor EIN: 541606655
- Sponsor Address: 2655 MERIDIAN PARKWAY, DURHAM, NC, 27713
- Plan Type: 401(k)
- Total Participants: 334
- Total Assets: $107.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 334 | $107.6M | $2.8M | $5.0M |
| 2023 | 378 | $91.6M | $2.8M | $4.9M |
| 2022 | 405 | $73.1M | $3.1M | $4.3M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $66,784 | — | $66,784 |
| VERATIS INVESTMENT GROUP INC | NONE | $60,000 | — | $60,000 |
| HUGHES PITTMAN & GUPTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- HUGHES PITTMAN & GUPTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,784
- Estimated Expense Ratio: 0.118% 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 | $125,834 | $60,000 | — | — | — |
| 2023 | $152,426 | $64,000 | — | — | — |
| 2022 | $141,038 | $62,000 | — | — | — |