Plan Snapshot
- Plan Sponsor: Duncan-Parnell, INC.
- Sponsor EIN: 560561956
- Sponsor Address: 3925 STUART ANDREW BOULEVARD, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $28.8M
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 | 267 | $28.8M | $1.1M | $1.6M |
| 2023 | 191 | $24.3M | $1.9M | $1.3M |
| 2022 | 182 | $18.6M | $0 | $1.2M |
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 |
|---|---|---|---|---|
| MCCANNON,ROGERS,DRISCOLL & ASSOCIAT | 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 | $77,538 | $51,446 | $26,092 | — | — |
| 2023 | $73,339 | $40,524 | $25,290 | $7,525 | — |
| 2022 | $71,313 | $40,739 | $23,274 | — | $7,300 |