Plan Snapshot
- Plan Sponsor: New Forum, INC.
- Sponsor EIN: 561652373
- Sponsor Address: 9224 KINGS PARADE BLVD, STE 201, CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 104
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 104 | $3.5M | $330,956 | $418,356 |
| 2023 | 97 | $3.7M | $257,924 | $481,249 |
| 2022 | 143 | $3.1M | $221,364 | $374,849 |
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 |
|---|---|---|---|---|
| GREERWALKER LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $52,282 | — | $47,633 | — | — |
| 2023 | $52,004 | $3,307 | $7,728 | — | — |
| 2022 | $176,437 | — | — | — | — |