Plan Snapshot
- Plan Sponsor: The Cypress Of Raleigh Club INC.
- Sponsor EIN: 202818389
- Sponsor Address: 8801 CYPRESS LAKES DR, RALEIGH, NC, 27615
- Plan Type: 401(k)
- Total Participants: 298
- Total Assets: $3.6M
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 | 298 | $3.6M | $141,262 | $444,908 |
| 2023 | 301 | $2.8M | $117,625 | $345,404 |
| 2022 | 258 | $2.1M | $102,896 | $317,771 |
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 |
|---|---|---|---|---|
| DREHERMARTIN CPAS P.A. | 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 |
|---|---|---|---|---|---|
| 2024 | $7,035 | $5,837 | $1,198 | — | — |
| 2023 | $8,721 | $7,743 | $978 | — | — |
| 2022 | $1,333 | — | $1,333 | — | — |