Plan Snapshot
- Plan Sponsor: Cline Design Associates PA
- Sponsor EIN: 561664790
- Sponsor Address: 125 N HARRINGTON STREET, RALEIGH, NC, 27603
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $10.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 104 | $10.8M | $233,320 | $1.0M |
| 2023 | 117 | $9.0M | $199,751 | $982,103 |
| 2022 | 119 | $8.0M | $185,433 | $865,344 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $43,739 | — | $43,739 |
| ADP, INC. | Recordkeeper | $16,004 | — | $16,004 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,743
- Estimated Expense Ratio: 0.554% 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 | $59,744 | $43,739 | — | — | — |
| 2023 | $50,735 | $37,931 | — | — | — |
| 2022 | $46,587 | — | — | — | — |