Plan Snapshot
- Plan Sponsor: Noel Group, LLC
- Sponsor EIN: 561993543
- Sponsor Address: 501 INNOVATIVE WAY, ZEBULON, NC, 27597
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $15.0M
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 | 172 | $15.0M | $462,787 | $971,318 |
| 2023 | 160 | $12.9M | $430,330 | $919,093 |
| 2022 | 214 | $12.2M | $524,423 | $1.0M |
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 | — | — | $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 | $54,980 | $31,307 | — | — | — |
| 2023 | $52,937 | $28,739 | — | — | — |
| 2022 | $53,772 | — | — | — | — |