Plan Snapshot
- Plan Sponsor: Edifice, INC.
- Sponsor EIN: 561223891
- Sponsor Address: 4111 SOUTH BOULEVARD, CHARLOTTE, NC, 28209
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $26.6M
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 | 178 | $26.6M | $456,190 | $2.3M |
| 2023 | 174 | $21.6M | $374,494 | $1.9M |
| 2022 | 142 | $15.7M | $241,405 | $1.5M |
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 |
|---|---|---|---|---|
| ANDERSON SMITH & WIKE PLLC | 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 | $84,154 | $57,465 | — | — | — |
| 2023 | $67,098 | $43,428 | — | — | — |
| 2022 | $57,595 | — | — | — | — |