Plan Snapshot
- Plan Sponsor: Kerridge Commercial Systems Corporation
- Sponsor EIN: 133479929
- Sponsor Address: 2000 CENTRE GREEN WAY STE 250, CARY, NC, 275135756
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $15.9M
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 | 141 | $15.9M | $354,400 | $854,124 |
| 2023 | 143 | $13.9M | $356,812 | $850,467 |
| 2022 | 155 | $12.6M | $334,137 | $747,807 |
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 |
|---|---|---|---|---|
| THOMAS JUDY & TUCKER | 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 | $87,233 | — | $87,233 | — | — |
| 2023 | $74,043 | — | $74,043 | — | — |
| 2022 | $70,649 | — | — | — | $70,649 |