Plan Snapshot
- Plan Sponsor: Tompkins Solutions, INC.
- Sponsor EIN: 561273771
- Sponsor Address: 9660 FALLS OF NEUSE RD,, RALEIGH, NC, 27615
- Plan Type: 401(k)
- Total Participants: 131
- Total Assets: $21.2M
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 | 131 | $21.2M | $539,315 | $2.0M |
| 2023 | 157 | $21.3M | $529,812 | $1.9M |
| 2022 | 148 | $16.5M | $384,022 | $1.4M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $113,689 | $53,937 | — | — | — |
| 2023 | $95,494 | $45,098 | — | — | — |
| 2022 | $95,851 | — | — | — | — |