Plan Snapshot
- Plan Sponsor: Independent Beverage Company, LLC
- Sponsor EIN: 570930956
- Sponsor Address: 3936 CORPORATION CIR, CHARLOTTE, NC, 282163421
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 219
- Total Assets: $13.8M
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. |
|---|---|---|---|---|
| 2025 | 219 | $13.8M | $0 | $0 |
| 2024 | 174 | $10.9M | $325,460 | $670,758 |
| 2023 | 153 | $9.1M | $257,170 | $594,448 |
| 2022 | 151 | $8.1M | $216,197 | $531,003 |
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 |
|---|---|---|---|---|
| GREERWALKER, LLP | 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 |
|---|---|---|---|---|---|
| 2025 | $279,302 | — | — | — | — |
| 2024 | $75 | — | — | — | — |
| 2023 | $250 | — | — | — | — |
| 2022 | $250 | — | — | — | — |