Plan Snapshot
- Plan Sponsor: Staunton Capital, INC.
- Sponsor EIN: 561669702
- Sponsor Address: P.O. BOX 2718, HIGH POINT, NC, 27263
- Plan Type: 401(k)
- Total Participants: 287
- Total Assets: $6.2M
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 | 287 | $6.2M | $174,067 | $383,437 |
| 2023 | 344 | $6.1M | $173,773 | $389,073 |
| 2022 | 388 | $5.8M | $143,372 | $318,439 |
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 |
|---|---|---|---|---|
| GORDON ASSET MANAGEMENT | INVESTMENT ADVISOR | $18,414 | — | $18,414 |
| MVP PLAN ADMINISTRATORS, INC. | RECORDKEEPER | $9,556 | — | $9,556 |
| DUNCAN ASHE, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GORDON ASSET MANAGEMENT — INVESTMENT ADVISOR
- DUNCAN ASHE, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,970
- Estimated Expense Ratio: 0.453% 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 | $27,973 | $18,414 | — | — | — |
| 2023 | $23,221 | $17,993 | $5,226 | — | — |
| 2022 | $23,549 | $18,622 | $4,927 | — | — |