Plan Snapshot
- Plan Sponsor: Coastal Community Action, INC.
- Sponsor EIN: 566075606
- Sponsor Address: PO BOX 729, NEWPORT, NC, 285700729
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $5.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 106 | $5.0M | $158,144 | $173,503 |
| 2023 | 101 | $4.7M | $109,792 | $140,046 |
| 2022 | 84 | $4.6M | $119,906 | $176,566 |
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 |
|---|---|---|---|---|
| EDWARD D JONES & CO LP | RETAINED BY EMPLOYER | $13,218 | — | $13,218 |
| JOHN HANCOCK | RECORDKEEPER | $12,683 | — | $12,683 |
| PBMARES, LLP | AUDITOR | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- PBMARES, LLP — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,901
- Estimated Expense Ratio: 0.624% 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 | $33,187 | $19,099 | $12,683 | — | — |
| 2023 | $8,103 | $2,823 | $5,280 | — | — |
| 2022 | $2,885 | — | — | — | — |