Plan Snapshot
- Plan Sponsor: Spinrite Intermediate Holdings
- Sponsor EIN: 981027632
- Sponsor Address: 1481 W 2ND ST, WASHINGTON, NC, 278894157
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $7.6M
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 | 266 | $7.6M | $220,986 | $498,488 |
| 2023 | 258 | $7.0M | $225,367 | $458,483 |
| 2022 | 274 | $6.8M | $258,204 | $529,601 |
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 |
|---|---|---|---|---|
| RUSSON & JOHNSTON CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUSSON & JOHNSTON CPAS — 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 | $50,167 | $38,857 | $10,450 | — | — |
| 2023 | $43,705 | $32,755 | $10,950 | — | — |
| 2022 | $50,103 | $34,800 | $15,303 | — | — |