Plan Snapshot
- Plan Sponsor: Onecbi, LLC Dba Cbi
- Sponsor EIN: 470966094
- Sponsor Address: 4020 YANCEY ROAD, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $8.7M
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 | 135 | $8.7M | $382,889 | $771,843 |
| 2023 | 128 | $7.7M | $525,164 | $749,937 |
| 2022 | 140 | $6.1M | $340,308 | $694,357 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES FINANCIAL SERVICES AD | Investment Advisor | $45,728 | — | $45,728 |
| TRANSAMERICA LIFE INSURANCE COMPANY | Recordkeeper | $19,392 | — | $19,392 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES FINANCIAL SERVICES AD — Investment Advisor
- TRANSAMERICA LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,120
- Estimated Expense Ratio: 0.748% 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 | $65,120 | $45,728 | — | — | — |
| 2023 | $52,815 | $36,269 | — | — | — |
| 2022 | $47,459 | $33,419 | — | — | — |