Plan Snapshot
- Plan Sponsor: Tradecentric, LLC
- Sponsor EIN: 454833176
- Sponsor Address: 5540 CENTERVIEW DR, RALEIGH, NC, 27606
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 133
- 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. |
|---|---|---|---|---|
| 2025 | 133 | $6.1M | $0 | $0 |
| 2024 | 0 | $0 | $0 | $0 |
| 2023 | 103 | $3.4M | $364,261 | $663,256 |
| 2022 | 98 | $1.9M | $286,213 | $503,657 |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORY LLC | Other Service Provider | $5,520 | — | $5,520 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,520
- Estimated Expense Ratio: 0.091% 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 |
|---|---|---|---|---|---|
| 2025 | $939,114 | $5,520 | $3,881 | — | — |
| 2024 | — | — | — | — | — |
| 2023 | $69,245 | — | — | — | — |
| 2022 | $160,447 | — | — | — | — |