Plan Snapshot
- Plan Sponsor: Gregory Poole Equipment Company
- Sponsor EIN: 560487311
- Sponsor Address: 4807 BERYL ROAD, RALEIGH, NC, 27606
- Plan Type: 401(k)
- Total Participants: 1,483
- Total Assets: $167.4M
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 | 1,483 | $167.4M | $3.0M | $9.0M |
| 2023 | 1,395 | $144.7M | $2.9M | $7.6M |
| 2022 | 1,260 | $124.5M | $2.6M | $6.8M |
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 |
|---|---|---|---|---|
| ROMEO, WIGGINS & COMPANY, L.L.P. | Auditor | $8,175 | — | $8,175 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,175
- Estimated Expense Ratio: 0.005% 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 | $219,297 | $25,000 | — | $8,175 | — |
| 2023 | $219,809 | $12,500 | $199,324 | $7,985 | — |
| 2022 | $218,903 | — | $218,903 | — | — |