Plan Snapshot
- Plan Sponsor: Piedmont Cheerwine Bottling Company
- Sponsor EIN: 560887444
- Sponsor Address: 1413 JAKE ALEXANDER BLVD. SOUTH, SALISBURY, NC, 28146
- Plan Type: 401(k)
- Total Participants: 572
- Total Assets: $19.9M
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 | 572 | $19.9M | $630,366 | $1.3M |
| 2023 | 414 | $17.7M | $626,200 | $1.2M |
| 2022 | 382 | $14.5M | $611,135 | $1.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $50,437 | — | $50,437 |
| MMA SECURITIES | ADVISOR | $20,000 | — | $20,000 |
| DMJPS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MMA SECURITIES — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,437
- Estimated Expense Ratio: 0.354% 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 | $74,553 | $24,116 | — | — | — |
| 2023 | $66,155 | $23,787 | — | — | — |
| 2022 | $63,289 | $3,747 | — | — | — |