Plan Snapshot
- Plan Sponsor: Mcconnell Golf, LLC
- Sponsor EIN: 208350566
- Sponsor Address: 400 DONALD ROSS DR., RALEIGH, NC, 27610
- Plan Type: 401(k)
- Total Participants: 606
- Total Assets: $13.9M
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 | 606 | $13.9M | $270,173 | $850,750 |
| 2023 | 530 | $11.8M | $256,367 | $804,783 |
| 2022 | 475 | $9.7M | $247,860 | $757,835 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER SMITH | Investment Advisor | $44,753 | — | $44,753 |
| QRPS, INC. | Other Service Provider | $2,017 | $6,110 | $8,127 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,880
- Estimated Expense Ratio: 0.381% 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 |
|---|---|---|---|---|---|
| 2024 | $102,231 | — | $102,231 | — | — |
| 2023 | $82,926 | — | $82,926 | — | — |
| 2022 | $65,197 | — | $65,197 | — | — |