Plan Snapshot
- Plan Sponsor: Smt, INC.
- Sponsor EIN: 341787123
- Sponsor Address: 7300 ACC BLVD, RALEIGH, NC, 276178407
- Plan Type: 401(k)
- Total Participants: 515
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 515 | $12.0M | $991,649 | $1.3M |
| 2023 | 106 | $3.6M | $143,728 | $264,221 |
| 2022 | 133 | $2.8M | $109,662 | $180,891 |
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 |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER, PA | Auditor | — | — | $0 |
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 | $56,213 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $20,809 | $102 | $20,707 | — | — |