Plan Snapshot
- Plan Sponsor: J.P. Thomas & Company
- Sponsor EIN: 561499103
- Sponsor Address: 890 PINEVIEW ROAD, ASHEBORO, NC, 27204
- Plan Type: 401(k)
- Total Participants: 216
- Total Assets: $4.3M
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 | 216 | $4.3M | $127,144 | $523,278 |
| 2023 | 213 | $3.4M | $112,366 | $393,447 |
| 2022 | 202 | $2.6M | $97,410 | $335,806 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM PLLC | 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 | $51,567 | $15,266 | — | — | — |
| 2023 | $36,358 | $11,376 | — | — | — |
| 2022 | $38,326 | — | — | — | — |