Plan Snapshot
- Plan Sponsor: Liberty Healthcare Management, INC.
- Sponsor EIN: 562116528
- Sponsor Address: 2334 S. 41ST STREET, WILMINGTON, NC, 28403
- Plan Type: 401(k)
- Total Participants: 7,263
- Total Assets: $95.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 7,263 | $95.6M | $1.8M | $11.2M |
| 2023 | 6,111 | $80.6M | $1.7M | $9.8M |
| 2022 | 5,641 | $65.7M | $1.4M | $8.9M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $463,933 | $97,465 | — | — | — |
| 2023 | $413,083 | — | — | — | — |
| 2022 | $391,611 | — | — | — | — |