Plan Snapshot
- Plan Sponsor: Directional Services, INC.
- Sponsor EIN: 203794220
- Sponsor Address: PO BOX 385, HOPE MILLS, NC, 28348
- Plan Type: 401(k)
- Total Participants: 603
- Total Assets: $10.0M
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 | 603 | $10.0M | $1.0M | $821,684 |
| 2023 | 331 | $8.9M | $752,830 | $604,924 |
| 2022 | 205 | $6.5M | $854,350 | $475,107 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $44,420 | — | $44,420 |
| RETIREMENT PLAN SOLUTIONS, INC. | TPA | $28,580 | — | $28,580 |
| CAPITAL INVESTMENT GROUP INC | FINANCIAL ADVISOR | — | $21,974 | $21,974 |
| KIMBERLIN COMPANY, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RETIREMENT PLAN SOLUTIONS, INC. — TPA
- KIMBERLIN COMPANY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,974
- Estimated Expense Ratio: 0.952% 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 | $63,821 | $63,821 | — | — | — |
| 2023 | $39,920 | $39,920 | — | — | — |
| 2022 | $60,947 | $60,947 | — | — | — |