# Renfro Corporation DB Plan
Source: https://planprovider.pro/companies/renfro-corporation-560375140-002

> Renfro Corporation's DB plan: 192 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Renfro Corporation

- **Sponsor EIN:** 560375140

- **Sponsor Address:** 661 LINVILLE ROAD, MOUNT AIRY, NC, 270303101

- **Plan Type:** DB

- **Plan Number:** 002

- **Total Participants:** 192

- **Total Assets:** $31.3M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|192|$31.3M|$594,757|$0|

| 2023|215|$30.1M|$1.1M|$0|

| 2022|259|$32.1M|$1.1M|$0|

## 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|

| MERRILL LYNCH|Other Service Provider|$130,637|$1,707|$132,344|

| SAGEVIEW CONSULTING GROUP|Other Service Provider|$45,389|—|$45,389|

| BANK OF AMERICA|Other Service Provider|$37,889|—|$37,889|

| BUTLER + BURKE LLP|Other Service Provider|$8,000|—|$8,000|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $223,622

- **Estimated Expense Ratio:** 0.714% 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|

| 2024|$458,353|$130,637|—|$8,000|—|

| 2023|$710,543|$136,873|—|$7,750|—|

| 2022|$882,465|$182,190|—|—|$51,115|

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