Plan Snapshot
- Plan Sponsor: Dubose Strapping INC
- Sponsor EIN: 561715543
- Sponsor Address: 906 INDUSTRIAL DR, CLINTON, NC, 283288068
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $8.4M
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 | 254 | $8.4M | $479,266 | $1.0M |
| 2023 | 235 | $8.2M | $427,988 | $926,093 |
| 2022 | 208 | $7.3M | $401,742 | $824,100 |
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 |
|---|---|---|---|---|
| CHESTNUT, JOHNSON AND TYSON PA | 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 | $36,551 | $2,431 | $34,120 | — | — |
| 2023 | $23,902 | $21,951 | — | — | — |
| 2022 | $42,481 | — | — | — | — |