Plan Snapshot
- Plan Sponsor: Parkdale Mills, INC.
- Sponsor EIN: 560348490
- Sponsor Address: 531 COTTON BLOSSOM CIRCLE, GASTONIA, NC, 28054
- Plan Type: 401(k)
- Total Participants: 1,188
- Total Assets: $77.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,188 | $77.8M | $1.5M | $3.1M |
| 2023 | 2,549 | $72.9M | $1.7M | $3.5M |
| 2022 | 3,460 | $70.2M | $2.3M | $4.5M |
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 |
|---|---|---|---|---|
| ARROWOOD & ASSOCIATES, PA | 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 | $242,314 | $84,693 | — | — | — |
| 2023 | $330,968 | $123,377 | — | $13,497 | — |
| 2022 | $258,267 | $57,256 | $200,711 | — | $300 |