Plan Snapshot
- Plan Sponsor: Peoplease LLC
- Sponsor EIN: 570993401
- Sponsor Address: 177 MEETING PLACE SUITE 300, CHARLESTON, SC, 29401
- Plan Type: 401(k)
- Total Participants: 5,608
- Total Assets: $22.9M
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 | 5,608 | $22.9M | $599,828 | $2.5M |
| 2023 | 4,803 | $21.6M | $525,438 | $2.4M |
| 2022 | 2,624 | $19.3M | $510,858 | $2.3M |
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 |
|---|---|---|---|---|
| FRAZIER AND DEETER LLC | 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 | $315,410 | — | $314,243 | — | — |
| 2023 | $281,561 | — | $280,858 | — | — |
| 2022 | $369,197 | $311,976 | $55,945 | — | — |