Plan Snapshot
- Plan Sponsor: Core Linen Services, INC.
- Sponsor EIN: 161671901
- Sponsor Address: 8936 NORTHPOINTE EXECUTIVE DRIVE, HUNTERSVILLE, NC, 28078
- Plan Type: 401(k)
- Total Participants: 2,385
- Total Assets: $7.4M
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 | 2,385 | $7.4M | $122,635 | $953,410 |
| 2023 | 1,314 | $6.0M | $116,173 | $941,052 |
| 2022 | 1,167 | $4.8M | $206,572 | $940,079 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $39,701 | — | $39,701 |
| INTELLIGENCE DRIVEN ADVISERS LLC | Investment Advisor | $16,737 | — | $16,737 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,438
- Estimated Expense Ratio: 0.768% 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 | $56,438 | $16,737 | — | — | — |
| 2023 | $54,022 | $14,326 | — | — | — |
| 2022 | $45,059 | — | — | — | — |