Plan Snapshot
- Plan Sponsor: J.C. Steele And Sons, INC.
- Sponsor EIN: 560495324
- Sponsor Address: 710 SOUTH MULBERRY STREET, STATESVILLE, NC, 28687
- Plan Type: 401(k)
- Total Participants: 126
- Total Assets: $27.6M
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 | 126 | $27.6M | $564,864 | $769,612 |
| 2023 | 131 | $26.9M | $534,746 | $714,772 |
| 2022 | 131 | $24.0M | $519,766 | $723,598 |
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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — 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 | $64,800 | $16,372 | $48,428 | — | — |
| 2023 | $60,893 | $14,849 | $46,044 | — | — |
| 2022 | $28,035 | $12,803 | $15,232 | — | — |