Plan Snapshot
- Plan Sponsor: Polyquest, INC.
- Sponsor EIN: 364367889
- Sponsor Address: 1979 EASTWOOD ROAD, SUITE 201, WILMINGTON, NC, 28403
- Plan Type: 401(k)
- Total Participants: 232
- Total Assets: $14.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 232 | $14.3M | $946,897 | $1.2M |
| 2023 | 160 | $10.4M | $671,481 | $885,734 |
| 2022 | 150 | $7.4M | $565,683 | $734,070 |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
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 | $53,653 | $763 | $47,043 | — | — |
| 2023 | $45,503 | — | $45,503 | — | — |
| 2022 | $37,723 | — | $37,723 | — | — |