Plan Snapshot
- Plan Sponsor: Financial Resources Group Invest
- Sponsor EIN: 464489444
- Sponsor Address: 360 KINGSLEY PARK DRIVE STE 100, FORT MILL, SC, 29715
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $24.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 201 | $24.5M | $850,102 | $3.0M |
| 2023 | 203 | $20.2M | $400,000 | $2.6M |
| 2022 | 215 | $15.7M | $300,000 | $1.7M |
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 |
|---|---|---|---|---|
| LAVINE LOFGREN MORRIS&ENGELBERG LLP | 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 | $39,660 | — | — | — | — |
| 2023 | $29,316 | — | — | — | — |
| 2022 | $26,059 | — | — | — | — |