Plan Snapshot
- Plan Sponsor: Mcmurray Fabrics, INC.
- Sponsor EIN: 562114736
- Sponsor Address: 105 VANN PLACE, INC., ABERDEEN, NC, 28315
- Plan Type: 401(k)
- Total Participants: 309
- Total Assets: $19.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 309 | $19.2M | $261,025 | $896,002 |
| 2023 | 324 | $17.3M | $280,746 | $909,359 |
| 2022 | 311 | $15.9M | $255,555 | $895,579 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $52,645 | — | $52,645 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $22,851 | — | $22,851 |
| GREER WALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GREER WALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,496
- Estimated Expense Ratio: 0.394% 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 | $76,610 | $23,965 | $52,645 | — | — |
| 2023 | $71,711 | $20,738 | $50,973 | — | — |
| 2022 | $87,678 | $21,139 | $66,539 | — | — |