Plan Snapshot
- Plan Sponsor: Netsertive, INC.
- Sponsor EIN: 273004203
- Sponsor Address: 2450 PERIMETER PARK DR SUITE 105, MORRISVILLE, NC, 27560
- Plan Type: 401(k)
- Total Participants: 46
- Total Assets: $9.1M
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 | 46 | $9.1M | $729 | $385,761 |
| 2023 | 44 | $8.3M | $96,364 | $448,054 |
| 2022 | 62 | $7.3M | $159,558 | $540,404 |
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 |
|---|---|---|---|---|
| ROMEO, WIGGINS, & COMPANY, LLP | Auditor | $8,950 | — | $8,950 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,950
- Estimated Expense Ratio: 0.099% 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 | $39,344 | $1,598 | — | $8,950 | — |
| 2023 | $26,406 | $1,398 | — | — | — |
| 2022 | $30,303 | $622 | — | — | — |