Plan Snapshot
- Plan Sponsor: Environamics, INC.
- Sponsor EIN: 561278052
- Sponsor Address: 13935 SOUTH POINT BLVD, CHARLOTTE, NC, 282737716
- Plan Type: 401(k)
- Total Participants: 112
- Total Assets: $15.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 112 | $15.4M | $271,476 | $455,308 |
| 2023 | 115 | $17.2M | $256,582 | $468,976 |
| 2022 | 113 | $14.6M | $1.0M | $517,699 |
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 |
|---|---|---|---|---|
| SMITH AND HOWARD | 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 | $18,039 | — | $18,039 | — | — |
| 2023 | $17,674 | — | $17,674 | — | — |
| 2022 | $14,556 | — | $14,556 | — | — |