# Tar Heel Capital Corporation No. 2 401(k) Plan
Source: https://planprovider.pro/companies/tar-heel-capital-corporation-no-2-401k-plan

> Tar Heel Capital Corporation No. 2's 401(k) plan: 1,209 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Tar Heel Capital Corporation No. 2

- **Sponsor EIN:** 621016897

- **Sponsor Address:** 166 SOUTHGATE DR, BOONE, NC, 28607

- **Plan Type:** 401(k)

- **Total Participants:** 1,209

- **Total Assets:** $8.7M

## 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|1,209|$8.7M|$108,660|$321,577|

| 2023|964|$7.9M|$113,783|$347,720|

| 2022|1,689|$7.4M|$114,674|$351,350|

## 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|

| AMERICAN TRUST COMPANY|CONTRACT ADMINISTRATOR|$39,910|—|$39,910|

| DMJPS PLLC|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $39,910

- **Estimated Expense Ratio:** 0.459% 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|$39,910|—|$39,910|—|—|

| 2023|$25,858|—|$25,858|—|—|

| 2022|$54,753|$14,155|$40,598|—|—|

## Similar Plans

- [Carolina Restaurant Group, INC.](https://planprovider.pro/companies/carolina-restaurant-group-inc-401k-plan) — 1,686 participants

- [Phoenix Taco LLC](https://planprovider.pro/companies/phoenix-taco-llc-401k-plan) — 659 participants

- [Biscuitville, INC.](https://planprovider.pro/companies/biscuitville-inc-401k-plan) — 1,786 participants

- [Bullard Enterprises LLC](https://planprovider.pro/companies/bullard-enterprises-llc-401k-plan) — 447 participants

- [Mcandersons INC.](https://planprovider.pro/companies/mcanderson-s-inc-401k-plan) — 409 participants

- [Rust Enterprises, INC.](https://planprovider.pro/companies/rust-enterprises-inc-401k-plan) — 390 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/tar-heel-capital-corporation-no-2-401k-plan)

© 2026 PlanProvider.Pro