Plan Snapshot
- Plan Sponsor: Edwards, Church And Muse, INC.
- Sponsor EIN: 561574267
- Sponsor Address: 4000 PARK RD, CHARLOTTE, NC, 28269
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 28
- Total Assets: $33
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 28 | $33 | $0 | $0 |
| 2024 | 41 | $883 | $537,071 | $0 |
| 2023 | 66 | $48,702 | $659,621 | $76,953 |
| 2022 | 65 | $6,511 | $449,249 | $127,690 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $17,254 | — | $17,254 |
| MEDCOST BENEFIT SERVICES, LLC | Other Service Provider | $15,413 | — | $15,413 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $5,280 | — | $5,280 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,947
- Estimated Expense Ratio: 114990.909% 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 |
|---|---|---|---|---|---|
| 2025 | $324,222 | — | — | — | — |
| 2024 | $658,791 | — | — | — | — |
| 2023 | $621,008 | — | — | — | — |
| 2022 | $713,411 | — | — | — | — |