Plan Snapshot
- Plan Sponsor: Sam Carbis Solutions Group, LLC
- Sponsor EIN: 463778984
- Sponsor Address: PO BOX 5329, FLORENCE, SC, 295025329
- Plan Type: 401(k)
- Total Participants: 145
- Total Assets: $9.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 145 | $9.6M | $126,925 | $470,865 |
| 2023 | 146 | $11.0M | $174,959 | $459,010 |
| 2022 | 105 | $9.7M | $168,004 | $474,225 |
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 |
|---|---|---|---|---|
| T. ROWE PRICE | NONE | $11,337 | — | $11,337 |
| WEBSTERROGERS,LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEBSTERROGERS,LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,337
- Estimated Expense Ratio: 0.118% 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 | $11,337 | — | — | — | — |
| 2023 | $45,511 | — | — | — | — |
| 2022 | $48,244 | $9,798 | $31,954 | — | $6,492 |