Plan Snapshot
- Plan Sponsor: J.R. Cole Industries, INC.
- Sponsor EIN: 561444048
- Sponsor Address: 435 MINUET LN, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $11.5M
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 | 175 | $11.5M | $224,845 | $710,633 |
| 2023 | 170 | $10.2M | $254,048 | $691,742 |
| 2022 | 178 | $8.7M | $236,985 | $641,959 |
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 |
|---|---|---|---|---|
| ANDERSON SMITH AND WIKE 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 | $53,336 | $29,201 | — | — | — |
| 2023 | $43,959 | $23,695 | — | — | — |
| 2022 | $42,969 | — | $42,969 | — | — |