Plan Snapshot
- Plan Sponsor: Puryear Tank Lines, INC.
- Sponsor EIN: 561849317
- Sponsor Address: 1421 E WILLIAMS ST, APEX, NC, 275397700
- Plan Type: 401(k)
- Total Participants: 234
- Total Assets: $4.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 234 | $4.4M | $330,878 | $542,500 |
| 2023 | 239 | $3.4M | $314,835 | $509,939 |
| 2022 | 278 | $2.5M | $308,540 | $484,196 |
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 |
|---|---|---|---|---|
| ADAMS, JENKINS AND CHEATHAM | Auditor | — | — | $0 |
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 | $39,686 | $37,807 | $1,019 | — | — |
| 2023 | $30,779 | $28,008 | $1,911 | — | — |
| 2022 | $25,194 | $22,970 | $2,224 | — | — |