Plan Snapshot
- Plan Sponsor: Founders National Golf LLC
- Sponsor EIN: 473024061
- Sponsor Address: 8700 GOLF VILLAGE LANE, MYRTLE BEACH, SC, 29572
- Plan Type: 401(k)
- Total Participants: 1,260
- Total Assets: $7.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,260 | $7.9M | $161,430 | $584,279 |
| 2023 | 1,219 | $6.5M | $65,056 | $424,701 |
| 2022 | 1,255 | $5.6M | $13,960 | $383,837 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | RECORD KEEPER | $51,520 | — | $51,520 |
| WEALTH ENHANCEMENT ADVISORY SERVICE | SERVICE PROVIDER | — | $18,311 | $18,311 |
| ELLIOTT GROUP CPAS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT GROUP CPAS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,831
- Estimated Expense Ratio: 0.888% 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 | $51,520 | — | $50,720 | — | — |
| 2023 | $29,490 | — | $28,890 | — | — |
| 2022 | $28,586 | — | — | — | — |