Plan Snapshot
- Plan Sponsor: Fitch Creations, INC.
- Sponsor EIN: 560733041
- Sponsor Address: 2000 FEARRINGTON VILLAGE CENTER, PITTSBORO, NC, 273128502
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 164
- Total Assets: $16.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 164 | $16.9M | $0 | $0 |
| 2024 | 129 | $14.7M | $78,408 | $290,342 |
| 2023 | 122 | $12.9M | $111,779 | $283,757 |
| 2022 | 124 | $10.8M | $112,958 | $300,123 |
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 |
|---|---|---|---|---|
| OAK HARBOR WEALTH PARTNERS | Investment Advisor | $38,340 | — | $38,340 |
| MVP PLAN ADMINISTRATORS | Recordkeeper | $15,004 | — | $15,004 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,344
- Estimated Expense Ratio: 0.316% 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 |
|---|---|---|---|---|---|
| 2025 | $681,763 | $38,340 | — | — | — |
| 2024 | $51,853 | $35,262 | — | — | — |
| 2023 | $45,791 | $28,956 | $15,727 | — | — |
| 2022 | $45,416 | $29,808 | $14,501 | — | — |