# Premiere Fibers, LLC 401(k) Plan
Source: https://planprovider.pro/companies/premiere-fibers-llc-401k-plan

> Premiere Fibers, LLC's 401(k) plan: 178 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Premiere Fibers, LLC

- **Sponsor EIN:** 510386956

- **Sponsor Address:** 14401 INDUSTRIAL PARK, BRISTOL, VA, 24202

- **Plan Type:** 401(k)

- **Total Participants:** 178

- **Total Assets:** $6.1M

## 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|178|$6.1M|$110,661|$388,983|

| 2023|175|$5.0M|$92,327|$369,868|

| 2022|184|$4.3M|$97,790|$344,904|

## 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|

| LBMC, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LBMC, PC](https://planprovider.pro/provider/lbmc-pc) — 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|$39,665|$12,569|—|—|—|

| 2023|$35,827|$10,825|—|—|—|

| 2022|$33,838|—|$33,838|—|—|

## Similar Plans

- [Friendly Hearts, Ltd. D/B/A Legacy Linens](https://planprovider.pro/companies/friendly-hearts-ltd-d-b-a-legacy-linens-plan) — 5 participants

- [Universal Fibers, INC.](https://planprovider.pro/companies/universal-fibers-inc-401k-plan) — 433 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/premiere-fibers-llc-401k-plan)

© 2026 PlanProvider.Pro