Plan Snapshot
- Plan Sponsor: Meredith Webb Printing Company, INC.
- Sponsor EIN: 560654636
- Sponsor Address: 334 N. MAIN STREET, BURLINGTON, NC, 27217
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 97
- Total Assets: $4.7M
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 | 97 | $4.7M | $146,166 | $278,755 |
| 2023 | 100 | $4.8M | $42,553 | $252,390 |
| 2022 | 107 | $5.3M | $13,388 | $213,254 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY COMPANY OF AMERICA | Recordkeeper | $17,495 | — | $17,495 |
| RBC CAPITAL MARKETS, LLC | Investment Advisor | $15,778 | — | $15,778 |
| QUALIFIED RETIREMENT PLAN SERVICES, | Other Service Provider | $550 | $4,536 | $5,086 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,359
- Estimated Expense Ratio: 0.808% 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 | $33,823 | $33,823 | — | — | — |
| 2023 | $33,339 | $33,339 | — | — | — |
| 2022 | $35,654 | — | $35,654 | — | — |