Plan Snapshot
- Plan Sponsor: Long Beverage, INC.
- Sponsor EIN: 560568728
- Sponsor Address: 10500 WORLD TRADE BLVD, RALEIGH, NC, 27617
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $7.7M
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 | 309 | $7.7M | $282,626 | $569,574 |
| 2023 | 308 | $7.1M | $241,308 | $539,970 |
| 2022 | 423 | $6.2M | $244,803 | $549,761 |
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 |
|---|---|---|---|---|
| DMJPS 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 | $22,888 | $15,471 | — | — | — |
| 2023 | $50,617 | — | $50,617 | — | — |
| 2022 | $57,232 | $17,776 | $39,456 | — | — |