Plan Snapshot
- Plan Sponsor: The Arc Of North Carolina, INC.
- Sponsor EIN: 560753097
- Sponsor Address: 353 E SIX FORKS ROAD, RALEIGH, NC, 27609
- Plan Type: 401(k)
- Total Participants: 43
- Total Assets: $1.2M
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 | 43 | $1.2M | $148,206 | $338,197 |
| 2023 | 373 | $7.2M | $173,198 | $379,864 |
| 2022 | 376 | $7.0M | $160,624 | $365,760 |
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 |
|---|---|---|---|---|
| LPL FINANCIAL, LLC | NONE | $22,037 | — | $22,037 |
| APPLE, KOCEJA & ASSOCIATES, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LPL FINANCIAL, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,037
- Estimated Expense Ratio: 1.893% 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 | $48,103 | — | $48,103 | — | — |
| 2023 | $28,922 | $25,972 | $2,950 | — | — |
| 2022 | $26,269 | $24,244 | $2,025 | — | — |