Plan Snapshot
- Plan Sponsor: Trinity Parnters, LLC
- Sponsor EIN: 562064890
- Sponsor Address: 650 SOUTH TRYON STREET, CHARLOTTE, NC, 28202
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $14.6M
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 | 213 | $14.6M | $467,610 | $914,415 |
| 2023 | 165 | $14.1M | $497,328 | $808,190 |
| 2022 | 141 | $12.9M | $458,483 | $917,678 |
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 |
|---|---|---|---|---|
| MCCANNON ROGERS DRISCOLL & ASSO | 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 | $74,291 | $74,291 | — | — | — |
| 2023 | $64,032 | $41,902 | — | — | — |
| 2022 | $69,495 | — | $69,495 | — | — |