Plan Snapshot
- Plan Sponsor: The Roger Bacon Academy
- Sponsor EIN: 562132157
- Sponsor Address: 3610 THADDEUS LOTT LANE, LELAND, NC, 28451
- Plan Type: 401(k)
- Total Participants: 305
- Total Assets: $11.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 305 | $11.2M | $462,963 | $988,258 |
| 2023 | 325 | $9.2M | $432,323 | $898,222 |
| 2022 | 330 | $7.1M | $464,225 | $868,986 |
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 |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER | 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 | $64,980 | $32,611 | — | — | — |
| 2023 | $54,554 | $25,173 | — | — | — |
| 2022 | $47,477 | $19,683 | — | — | — |