Plan Snapshot
- Plan Sponsor: Insulating Services, INC.
- Sponsor EIN: 561052301
- Sponsor Address: 10709 GRANITE STREET SUITE H, CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $6.4M
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. |
|---|---|---|---|---|
| 2024 | 217 | $6.4M | $65,489 | $365,909 |
| 2023 | 229 | $6.0M | $65,702 | $378,006 |
| 2022 | 215 | $6.3M | $47,030 | $339,527 |
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 |
|---|---|---|---|---|
| THE HOBBS GROUP, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE HOBBS GROUP, P.A. — Auditor
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 | $31,902 | $17,746 | — | — | — |
| 2023 | $34,634 | $18,699 | — | — | — |
| 2022 | $41,509 | $21,644 | $19,865 | — | — |