Plan Snapshot
- Plan Sponsor: Samaritan'S Purse
- Sponsor EIN: 581437002
- Sponsor Address: 801 BAMBOO RD, BOONE, NC, 286078721
- Plan Type: 401(k)
- Total Participants: 2,221
- Total Assets: $180.6M
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 | 2,221 | $180.6M | $9.2M | $8.9M |
| 2023 | 1,953 | $153.9M | $8.1M | $7.6M |
| 2022 | 1,488 | $124.8M | $7.0M | $6.7M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — 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 | $286,557 | — | $286,557 | — | — |
| 2023 | $261,750 | — | $261,750 | — | — |
| 2022 | $255,162 | — | $248,612 | — | $6,550 |