Plan Snapshot
- Plan Sponsor: Nester Hosiery, LLC
- Sponsor EIN: 561847598
- Sponsor Address: P.O. BOX 1343, MOUNT AIRY, NC, 270301343
- Plan Type: 401(k)
- Total Participants: 154
- Total Assets: $2.5M
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 | 154 | $2.5M | $32,349 | $232,891 |
| 2023 | 165 | $2.3M | $30,831 | $206,503 |
| 2022 | 156 | $2.0M | $31,660 | $205,504 |
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 |
|---|---|---|---|---|
| TRINITY PENSION GROUP, LLC | Other Service Provider | $5,139 | $2,392 | $7,531 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,531
- Estimated Expense Ratio: 0.302% 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 | $3,428 | — | $3,428 | — | — |
| 2023 | $3,095 | — | $3,095 | — | — |
| 2022 | $1,441 | — | — | — | $1,441 |