Plan Snapshot
- Plan Sponsor: Team Carolinas, INC.
- Sponsor EIN: 561854397
- Sponsor Address: 102 S LINK AVENUE, SALISBURY, NC, 28144
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 506
- Total Assets: $2.5M
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 | 506 | $2.5M | $154,799 | $267,665 |
| 2023 | 417 | $2.0M | $142,484 | $232,795 |
| 2022 | 399 | $1.7M | $118,926 | $195,981 |
| 2021 | 388 | $1.7M | $79,602 | $144,650 |
| 2020 | 69 | $1.5M | $73,109 | $146,390 |