Plan Snapshot
- Plan Sponsor: Ebci Holdings, LLC
- Sponsor EIN: 862405972
- Sponsor Address: 88 COUNCIL HOUSE LOOP, CHEROKEE, NC, 28179
- Plan Type: 401(k)
- Total Participants: 1,028
- Total Assets: $43.0M
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 | 1,028 | $43.0M | $852,930 | $3.0M |
| 2023 | 1,081 | $38.1M | $939,046 | $2.8M |
| 2022 | 855 | $33.4M | $905,204 | $2.7M |
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 |
|---|---|---|---|---|
| DEMING, MALONE, LIVESAY & OSTROFF | Auditor | $36,243 | — | $36,243 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $36,243
- Estimated Expense Ratio: 0.084% 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 | $171,306 | $16,490 | $118,573 | $36,243 | — |
| 2023 | $121,985 | $13,924 | $108,061 | — | — |
| 2022 | $81,846 | $9,860 | $71,986 | — | — |