Plan Snapshot
- Plan Sponsor: Encore Technology Group, LLC
- Sponsor EIN: 461594391
- Sponsor Address: 202 WALL STREET, PIEDMONT, SC, 29673
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $6.9M
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 | 77 | $6.9M | $183,979 | $504,939 |
| 2023 | 73 | $5.7M | $172,495 | $487,419 |
| 2022 | 73 | $4.8M | $94,959 | $262,423 |
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 |
|---|---|---|---|---|
| MARTIN SMITH & COMPANY | 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 | $310,521 | — | $64,489 | — | — |
| 2023 | $548,322 | — | $60,046 | — | — |
| 2022 | $11,139 | $6,972 | — | — | — |