Plan Snapshot
- Plan Sponsor: Garris-Evans Lumber Company, INC.
- Sponsor EIN: 560232430
- Sponsor Address: 701 W 14TH ST, GREENVILLE, NC, 278344043
- Plan Type: 401(k)
- Total Participants: 133
- Total Assets: $14.9M
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 | 133 | $14.9M | $315,696 | $818,688 |
| 2023 | 124 | $13.2M | $294,588 | $767,487 |
| 2022 | 122 | $11.5M | $293,442 | $752,841 |
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 |
|---|---|---|---|---|
| SULLIVAN, SHEARIN, & COMPANY | 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 | $6,162 | — | $6,162 | — | — |
| 2023 | $3,031 | — | $3,031 | — | — |
| 2022 | $2,234 | — | $2,234 | — | — |