Plan Snapshot
- Plan Sponsor: Coastal Enterprises Of Jacksonville
- Sponsor EIN: 566093446
- Sponsor Address: 224 WHITE ST, JACKSONVILLE, NC, 285466350
- Plan Type: 401(k)
- Plan Number: 506
- Total Participants: 718
- Total Assets: $449,721
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 718 | $449,721 | $0 | $0 |
| 2024 | 581 | $634,005 | $4.0M | $0 |
| 2023 | 575 | $5.3M | $5.3M | $0 |
| 2022 | 24 | $493,972 | $3.0M | $0 |
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 |
|---|---|---|---|---|
| BENEFIT SOURCE, INC. | Recordkeeper | $44,727 | — | $44,727 |
| PAN AMERICAN LIFE INSURANCE GROUP | Other Service Provider | $7,824 | — | $7,824 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,551
- Estimated Expense Ratio: 11.685% 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 |
|---|---|---|---|---|---|
| 2025 | $5,292,055 | — | — | — | — |
| 2024 | $1,291 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $860,674 | — | $665,055 | — | — |