Plan Snapshot
- Plan Sponsor: Engage2excel INC.
- Sponsor EIN: 561293970
- Sponsor Address: P.O. BOX 1843, STATESVILLE, NC, 28687
- Plan Type: 401(k)
- Total Participants: 239
- Total Assets: $51.7M
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 | 239 | $51.7M | $525,731 | $1.6M |
| 2023 | 302 | $45.2M | $586,082 | $1.9M |
| 2022 | 372 | $36.9M | $560,372 | $1.8M |
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 |
|---|---|---|---|---|
| DAVIDSON,HOLLAND,WHITESELL & CO PLL | 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 | $25,992 | — | — | — | — |
| 2023 | $32,940 | — | — | — | — |
| 2022 | $41,567 | — | — | — | — |