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 |
|---|---|---|---|---|
| CREATIVE PLANNING, LLC | Other Service Provider | $32,611 | — | $32,611 |
| EPIC RETIREMENT PLAN SERVICES | Recordkeeper | $32,369 | — | $32,369 |
| CHARLES SCHWAB & CO, INC. | Recordkeeper | — | $5,000 | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
- CHARLES SCHWAB & CO, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,980
- Estimated Expense Ratio: 0.626% 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 | $64,980 | $32,611 | — | — | — |
| 2023 | $54,554 | $25,173 | — | — | — |
| 2022 | $47,477 | $19,683 | — | — | — |