Plan Snapshot
- Plan Sponsor: Lincoln Charter School
- Sponsor EIN: 562052862
- Sponsor Address: 7834 GALWAY LANE, DENVER, NC, 280378600
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $17.4M
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. |
|---|---|---|---|---|
| 2025 | 316 | $17.4M | $0 | $0 |
| 2024 | 307 | $15.0M | $0 | $0 |
| 2023 | 273 | $12.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| RUSSON + JOHNSTON CPAS | Auditor | $25,424 | — | $25,424 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUSSON + JOHNSTON CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,424
- Estimated Expense Ratio: 0.146% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $115,357 | $47,420 | $37,388 | $25,424 | — |
| 2024 | $80,436 | $39,890 | $15,747 | — | — |
| 2023 | $73,039 | $1,575 | $23,964 | — | $47,500 |