Plan Snapshot
- Plan Sponsor: Lifespan, Incorporated
- Sponsor EIN: 561142969
- Sponsor Address: 1511 SHOPTON ROAD, CHARLOTTE, NC, 282173240
- Plan Type: 403(b)
- Total Participants: 347
- Total Assets: $7.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 347 | $7.4M | $210,023 | $804,978 |
| 2023 | 362 | $6.5M | $206,642 | $749,639 |
| 2022 | 349 | $5.4M | $188,091 | $706,314 |
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 |
|---|---|---|---|---|
| PARSONS CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARSONS CPA, 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 | $76,540 | — | $76,540 | — | — |
| 2023 | $69,921 | — | $69,921 | — | — |
| 2022 | $69,723 | — | $69,723 | — | — |