Plan Snapshot
- Plan Sponsor: Sampson-Bladen Oil Company, INC.
- Sponsor EIN: 560388031
- Sponsor Address: 510 COMMERCE STREET, CLINTON, NC, 28328
- Plan Type: 401(k)
- Total Participants: 694
- Total Assets: $18.6M
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 | 694 | $18.6M | $759,000 | $1.4M |
| 2023 | 678 | $16.3M | $751,634 | $1.3M |
| 2022 | 584 | $14.4M | $501,770 | $1.2M |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | 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 | $51,225 | $35,000 | $16,000 | — | — |
| 2023 | $42,287 | $31,250 | $10,950 | — | — |
| 2022 | $42,604 | $30,000 | $12,604 | — | — |