Plan Snapshot
- Plan Sponsor: Myers Park Country Club
- Sponsor EIN: 560333840
- Sponsor Address: 2415 ROSWELL AVENUE, CHARLOTTE, NC, 28209
- Plan Type: 401(k)
- Total Participants: 222
- Total Assets: $6.5M
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 | 222 | $6.5M | $205,726 | $443,694 |
| 2023 | 145 | $6.5M | $198,228 | $432,622 |
| 2022 | 131 | $5.4M | $177,535 | $375,497 |
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 |
|---|---|---|---|---|
| MMA SECURITIES LLC | Investment Advisor | $23,483 | — | $23,483 |
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $21,566 | — | $21,566 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — Investment Advisor
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,049
- Estimated Expense Ratio: 0.694% 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 | $45,049 | $23,483 | — | — | — |
| 2023 | $43,880 | $25,000 | — | — | — |
| 2022 | $41,704 | $25,000 | — | — | — |