Plan Snapshot
- Plan Sponsor: Huber + Suhner North America Corporation
- Sponsor EIN: 043024588
- Sponsor Address: 3540 TORINGDON WAY, SUITE 560, CHARLOTTE, NC, 28277
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $43.8M
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 | 174 | $43.8M | $1.7M | $1.9M |
| 2023 | 186 | $37.2M | $1.5M | $1.8M |
| 2022 | 193 | $31.9M | $1.9M | $1.7M |
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 |
|---|---|---|---|---|
| MCSOLEY MCCOY & 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 | $118,430 | — | $118,430 | — | — |
| 2023 | $103,867 | — | $103,867 | — | — |
| 2022 | $117,491 | — | $117,111 | — | — |