Plan Snapshot
- Plan Sponsor: Ska Consulting Engineers, INC.
- Sponsor EIN: 560898930
- Sponsor Address: 7900 TRIAD CENTER DRIVE, SUITE 200, GREENSBORO, NC, 274099075
- Plan Type: 401(k)
- Total Participants: 92
- Total Assets: $29.5M
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 | 92 | $29.5M | $224,188 | $743,148 |
| 2023 | 96 | $25.9M | $210,706 | $706,365 |
| 2022 | 92 | $21.7M | $204,501 | $714,936 |
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 |
|---|---|---|---|---|
| STIFEL, NICOLAUS & CO INC | Investment Advisor | $35,676 | — | $35,676 |
| CARR, RIGGS & INGRAM, LLC | Auditor | $13,700 | — | $13,700 |
| TRINITY PENSION GROUP, LLC | Recordkeeper | $10,750 | — | $10,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,126
- Estimated Expense Ratio: 0.204% 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 | $64,259 | — | $64,259 | — | — |
| 2023 | $65,824 | $800 | $65,024 | — | — |
| 2022 | $49,599 | — | $49,599 | — | — |