Plan Snapshot
- Plan Sponsor: Sb Holding, LLC
- Sponsor EIN: 208858634
- Sponsor Address: THREE COLISEUM CENTRE, CHARLOTTE, NC, 28217
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 26
- Total Assets: $141
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 26 | $141 | $0 | $0 |
| 2024 | 28 | $8,797 | $448,695 | $135,937 |
| 2023 | 36 | $227,741 | $422,489 | $110,163 |
| 2022 | 38 | $323 | $387,999 | $102,334 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $18,154 | — | $18,154 |
| MEDCOST LLC | Other Service Provider | $15,350 | — | $15,350 |
| IMA FINANCIAL GROUP (ECM SOLUTIONS) | Investment Advisor | $7,832 | — | $7,832 |
| E.K. MCCONKEY & CO. | Investment Advisor | $5,340 | — | $5,340 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,676
- Estimated Expense Ratio: 33103.546% 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 |
|---|---|---|---|---|---|
| 2025 | $386,001 | — | — | — | — |
| 2024 | $1,029,005 | — | — | — | — |
| 2023 | $546,127 | — | — | — | — |
| 2022 | $619,297 | — | — | — | — |