Plan Snapshot
- Plan Sponsor: Sherrill, INC.
- Sponsor EIN: 560961953
- Sponsor Address: 496 GALLIMORE DAIRY ROAD, SUITE D, GREENSBORO, NC, 27409
- Plan Type: 401(k)
- Total Participants: 206
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 206 | $12.2M | $474,481 | $979,001 |
| 2023 | 189 | $10.6M | $380,911 | $960,084 |
| 2022 | 338 | $8.2M | $424,260 | $940,337 |
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 LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — 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 | $68,923 | — | — | — | — |
| 2023 | $56,881 | — | — | — | — |
| 2022 | $46,714 | — | $46,714 | — | — |