Plan Snapshot
- Plan Sponsor: P & A Industrial Fabrications, LLC
- Sponsor EIN: 830463373
- Sponsor Address: 1413 S. EVANS STREET, SUITE E, GREENVILLE, NC, 27834
- Plan Type: 401(k)
- Total Participants: 258
- Total Assets: $6.8M
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 | 258 | $6.8M | $223,657 | $420,967 |
| 2023 | 275 | $6.1M | $330,113 | $374,082 |
| 2022 | 255 | $4.9M | $216 | $367,114 |
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 |
|---|---|---|---|---|
| FROST, PLLC | Auditor | $15,039 | — | $15,039 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FROST, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,039
- Estimated Expense Ratio: 0.220% 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 | $94,420 | $25,235 | $21,608 | $15,039 | — |
| 2023 | $81,675 | $20,497 | $4,663 | $30,000 | — |
| 2022 | $60,136 | $20,024 | — | — | $14,828 |