# Cranfill Sumner LLP 401(k) Plan
Source: https://planprovider.pro/companies/cranfill-sumner-llp-401k-plan

> Cranfill Sumner LLP's 401(k) plan: 182 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Cranfill Sumner LLP

- **Sponsor EIN:** 561211481

- **Sponsor Address:** PO BOX 27808, RALEIGH, NC, 276117808

- **Plan Type:** 401(k)

- **Total Participants:** 182

- **Total Assets:** $64.0M

## 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|182|$64.0M|$763,386|$1.5M|

| 2023|180|$55.8M|$770,977|$1.4M|

| 2022|152|$48.0M|$571,961|$1.1M|

## 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|

| BATCHELOR, TILLERY, & ROBERTS, LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$84,216|$53,201|—|—|—|

| 2023|$67,284|$40,100|$27,184|—|—|

| 2022|$64,521|$40,100|$24,421|—|—|

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