Plan Snapshot
- Plan Sponsor: T. A. Loving Company
- Sponsor EIN: 560304141
- Sponsor Address: 400 PATETOWN ROAD, GOLDSBORO, NC, 275308132
- Plan Type: 401(k)
- Total Participants: 442
- Total Assets: $30.1M
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 | 442 | $30.1M | $872,931 | $1.8M |
| 2023 | 378 | $25.6M | $608,065 | $1.4M |
| 2022 | 254 | $21.1M | $476,802 | $968,465 |
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 |
|---|---|---|---|---|
| STANLEY BENEFIT SERVICES INC | NONE | $54,053 | — | $54,053 |
| FUND DIRECT ADVISORS | NONE | $31,435 | — | $31,435 |
| WILLIAMS OVERMAN PIERCE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIAMS OVERMAN PIERCE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,488
- Estimated Expense Ratio: 0.284% 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 | $85,488 | $31,435 | — | — | — |
| 2023 | $65,133 | — | — | — | — |
| 2022 | $58,124 | $58,124 | — | — | — |