Plan Snapshot
- Plan Sponsor: Sandhills Independent School Corporation
- Sponsor EIN: 237125932
- Sponsor Address: PO BOX 290, SOUTHERN PINES, NC, 283880290
- Plan Type: 403(b)
- Total Participants: 80
- Total Assets: $8.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 80 | $8.4M | $133,200 | $251,032 |
| 2023 | 91 | $7.3M | $116,874 | $240,932 |
| 2022 | 86 | $6.6M | $135,792 | $261,990 |
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 |
|---|---|---|---|---|
| THOMAS JUDY & TUCKER, P.A. | 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 | $6,268 | — | $6,268 | — | — |
| 2023 | $6,033 | — | $6,033 | — | — |
| 2022 | $6,318 | — | $6,318 | — | — |