Plan Snapshot
- Plan Sponsor: Firsthealth Of The Carolinas, INC.
- Sponsor EIN: 561936354
- Sponsor Address: 155 MEMORIAL DR, PINEHURST, NC, 283748710
- Plan Type: DC
- Total Participants: 6,350
- Total Assets: $121.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 6,350 | $121.2M | $6.7M | $0 |
| 2023 | 5,933 | $108.3M | $5.0M | $0 |
| 2022 | 5,519 | $94.8M | $5.8M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $94,177 | — | $94,177 |
| CAPTRUST | CONSULTANT | $40,731 | — | $40,731 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $33,124 | — | $33,124 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CAPTRUST — CONSULTANT
- STRATEGIC ADVISORS, INC. — ADVISOR
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,032
- Estimated Expense Ratio: 0.139% of plan assets
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 | $167,957 | $33,124 | — | — | — |
| 2023 | $145,729 | $29,242 | $1,200 | — | — |
| 2022 | -$13,474 | $25,685 | — | — | — |