Plan Snapshot
- Plan Sponsor: Fernleaf Community Charter School
- Sponsor EIN: 471184515
- Sponsor Address: 58 HOWARD GAP RD, FLETCHER, NC, 28732
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $2.9M
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 | 139 | $2.9M | $431,264 | $278,040 |
| 2023 | 146 | $2.0M | $285,748 | $184,658 |
| 2022 | 114 | $1.4M | $241,618 | $167,563 |
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 |
|---|---|---|---|---|
| CARTER | 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 | $15,813 | — | $15,813 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |