Plan Snapshot
- Plan Sponsor: Conterra Ultra Broadband, LLC
- Sponsor EIN: 582615152
- Sponsor Address: 5301 77 CENTER DRIVE, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $23.1M
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 | 318 | $23.1M | $1.0M | $2.0M |
| 2023 | 355 | $20.3M | $1.0M | $2.0M |
| 2022 | 356 | $16.3M | $874,207 | $1.8M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $60,306 | $632 | $60,938 |
| ADP, INC. | RECORD KEEPER | $14,348 | — | $14,348 |
| GREERWALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- GREERWALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,286
- Estimated Expense Ratio: 0.326% 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 | $74,654 | $60,306 | — | — | — |
| 2023 | $71,129 | $50,684 | — | $10,000 | — |
| 2022 | $50,554 | — | — | — | — |