# Skyline Telephone Membership Corporation Employee Benefit Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/skyline-telephone-membership-corporation-employee-benefit-trust-566536981-501

> Skyline Telephone Membership Corporation Employee Benefit Trust's Health & Welfare plan: 133 participants, plan year 2024 financials, providers, and benchmar…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Skyline Telephone Membership Corporation Employee Benefit Trust

- **Sponsor EIN:** 566536981

- **Sponsor Address:** P.O. BOX 759, WEST JEFFERSON, NC, 28694

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 133

- **Total Assets:** $34.6M

## 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.|

| 2024|133|$34.6M|$1.6M|$0|

| 2023|133|$30.7M|$1.5M|$0|

| 2022|129|$26.4M|$1.4M|$0|

## 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|

| FIRST CITIZENS BANK & TRUST COMPANY|Investment Advisor|$135,858|—|$135,858|

| TURLINGTON AND COMPANY, L.L.P.|Auditor|$8,250|—|$8,250|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [TURLINGTON AND COMPANY, L.L.P.](https://planprovider.pro/provider/turlington-and-company-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $144,108

- **Estimated Expense Ratio:** 0.417% 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|$144,108|$135,858|—|$8,250|—|

| 2023|$127,269|$119,019|—|$8,250|—|

| 2022|$125,102|$117,102|—|—|$8,000|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/skyline-telephone-membership-corporation-employee-benefit-trust-566536981-501)

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