Plan Snapshot
- Plan Sponsor: Tax Management Associates, INC.
- Sponsor EIN: 561507131
- Sponsor Address: 5121 PARKWAY PLAZA BLVD, CHARLOTTE, NC, 28217
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 138
- Total Assets: $9.1M
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. |
|---|---|---|---|---|
| 2025 | 138 | $9.1M | $0 | $0 |
| 2024 | 139 | $8.3M | $41,493 | $478,805 |
| 2023 | 130 | $7.7M | $38,575 | $458,079 |
| 2022 | 122 | $7.2M | $50,031 | $466,139 |
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 |
|---|---|---|---|---|
| ELLIOTT DAVIS, PLLC | 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 |
|---|---|---|---|---|---|
| 2025 | $937,369 | $64 | $3,698 | — | — |
| 2024 | $12,679 | — | $12,679 | — | — |
| 2023 | $3,611 | — | $3,611 | — | — |
| 2022 | $7,701 | $150 | $7,551 | — | — |