Plan Snapshot
- Plan Sponsor: Resolvion, Gp
- Sponsor EIN: 475254939
- Sponsor Address: 10815 DAVID TAYLOR DRIVE, CHARLOTTE, NC, 28262
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $4.3M
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 | 169 | $4.3M | $247,428 | $480,878 |
| 2023 | 146 | $3.8M | $229,512 | $443,513 |
| 2022 | 51 | $2.8M | $226,723 | $425,041 |
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 |
|---|---|---|---|---|
| SOUTHERN STYLE FINANCIAL INC. | INV ADVISORY | $15,952 | — | $15,952 |
| TRANSAMERICA LIFE INSURANCE CO | RECORDKEEPER | $14,028 | — | $14,028 |
| JGD & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE CO — RECORDKEEPER
- JGD & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,980
- Estimated Expense Ratio: 0.691% 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 | $34,625 | — | $34,625 | — | — |
| 2023 | $28,433 | — | $28,433 | — | — |
| 2022 | $38,452 | — | $38,452 | — | — |