Plan Snapshot
- Plan Sponsor: Sans Technical Fibers, LLC
- Sponsor EIN: 562216835
- Sponsor Address: 4721 NC HIGHWAY 770, STONEVILLE, NC, 27048
- Plan Type: 401(k)
- Total Participants: 317
- Total Assets: $4.6M
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 | 317 | $4.6M | $148,903 | $267,955 |
| 2023 | 263 | $4.6M | $159,272 | $252,139 |
| 2022 | 78 | $4.3M | $142,929 | $232,685 |
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 |
|---|---|---|---|---|
| NOVA 401(K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | $6,980 | $3,806 | $10,786 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,786
- Estimated Expense Ratio: 0.233% 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 | $12,371 | $12,371 | — | — | — |
| 2023 | $7,205 | $7,205 | — | — | — |
| 2022 | $18,382 | $18,382 | — | — | — |