Plan Snapshot
- Plan Sponsor: Prince Group, INC.
- Sponsor EIN: 383382187
- Sponsor Address: 209 BROADPOINTE DR, MILLS RIVER, NC, 287594995
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $8.1M
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 | 117 | $8.1M | $54,110 | $263,557 |
| 2023 | 141 | $7.9M | $52,946 | $273,864 |
| 2022 | 140 | $6.6M | $54,960 | $273,956 |
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 |
|---|---|---|---|---|
| BAUKNIGHT PIETRAS & STORMER, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUKNIGHT PIETRAS & STORMER, P.A. — 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 | $42,579 | — | $42,579 | — | — |
| 2023 | $37,868 | — | $37,868 | — | — |
| 2022 | $37,443 | — | $37,443 | — | — |