Plan Snapshot
- Plan Sponsor: Metrolina Nephrology Associates, P.A.
- Sponsor EIN: 561378901
- Sponsor Address: 3158 FREEDOM DRIVE, SUITE 3102, CHARLOTTE, NC, 28208
- Plan Type: 401(k)
- Total Participants: 220
- Total Assets: $60.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 220 | $60.0M | $2.6M | $2.0M |
| 2023 | 198 | $56.1M | $1.5M | $1.8M |
| 2022 | 195 | $50.3M | $3.1M | $1.6M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC | NONE | $130,250 | — | $130,250 |
| SCHWAB RETIREMENT PLAN SERVICES INC | NONE | $44,639 | — | $44,639 |
| BEACON POINTE ADVISORS LLC | NONE | $10,826 | — | $10,826 |
| HIGHTOWER ADVISORS LLC | NONE | $9,856 | — | $9,856 |
| GREERWALKER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — NONE
- BEACON POINTE ADVISORS LLC — NONE
- GREERWALKER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $195,571
- Estimated Expense Ratio: 0.326% 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 | $195,571 | $150,932 | — | — | — |
| 2023 | $173,162 | $132,040 | — | — | — |
| 2022 | $172,887 | $134,382 | — | — | — |