Plan Snapshot
- Plan Sponsor: Itg Cigars, INC.
- Sponsor EIN: 593472656
- Sponsor Address: 628 GREEN VALLEY ROAD, GREENSBORO, NC, 27408
- Plan Type: DB
- Total Participants: 270
- Total Assets: $49.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 270 | $49.5M | $0 | $0 |
| 2023 | 309 | $77.7M | $0 | $0 |
| 2022 | 334 | $75.8M | $6.0M | $0 |
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 |
|---|---|---|---|---|
| BUCK GLOBAL, LLC | NONE | $388,667 | — | $388,667 |
| MERCER INVESTMENTS LLC | NONE | $144,770 | — | $144,770 |
| THE NORTHERN TRUST COMPANY | NONE | $31,923 | — | $31,923 |
| CBIZ CPAS P.C. | NONE | $24,150 | — | $24,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $589,510
- Estimated Expense Ratio: 1.191% 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 | $705,497 | $145,945 | — | $24,150 | — |
| 2023 | $584,869 | $148,029 | — | $31,085 | — |
| 2022 | $1,064,243 | $16,546 | — | — | $646,248 |