Plan Snapshot
- Plan Sponsor: The Lumbee Tribe Of North Carolina
- Sponsor EIN: 841704531
- Sponsor Address: 6984 NC HWY 711W, PEMBROKE, NC, 28372
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $7.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 155 | $7.1M | $602,798 | $572,358 |
| 2023 | 164 | $5.3M | $527,604 | $464,449 |
| 2022 | 160 | $3.9M | $251,906 | $380,510 |
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 |
|---|---|---|---|---|
| ALPINE SUMMIT CPAS | 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 | $43,590 | $14,527 | $24,878 | — | — |
| 2023 | $34,070 | — | $31,900 | — | — |
| 2022 | $23,972 | — | $23,172 | — | $800 |