Plan Snapshot
- Plan Sponsor: Goldsboro Milling Company
- Sponsor EIN: 560237740
- Sponsor Address: PO BOX 10009, GOLDSBORO, NC, 275320009
- Plan Type: 401(k)
- Total Participants: 261
- Total Assets: $40.2M
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 | 261 | $40.2M | $379,960 | $597,497 |
| 2023 | 278 | $38.9M | $373,893 | $577,549 |
| 2022 | 271 | $35.6M | $365,733 | $657,428 |
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 |
|---|---|---|---|---|
| NUNN, BRASHEAR & UZZELL, P.A. | Auditor | $26,730 | — | $26,730 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NUNN, BRASHEAR & UZZELL, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,730
- Estimated Expense Ratio: 0.067% 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 | $122,634 | $60,517 | $34,527 | $26,730 | — |
| 2023 | $115,912 | $45,761 | $69,291 | — | — |
| 2022 | $107,196 | $65,000 | $42,196 | — | — |