Plan Snapshot
- Plan Sponsor: United Beverages Of North Carolina, LLC
- Sponsor EIN: 571168244
- Sponsor Address: 105 9TH STREET NORTHWEST, HICKORY, NC, 286016049
- Plan Type: 401(k)
- Total Participants: 178
- Total Assets: $24.5M
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 | 178 | $24.5M | $395,761 | $665,673 |
| 2023 | 174 | $22.4M | $396,715 | $653,325 |
| 2022 | 167 | $18.3M | $362,801 | $596,532 |
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 |
|---|---|---|---|---|
| SHARPE PATEL CPA | 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 | $68,844 | $39,924 | — | — | — |
| 2023 | $60,362 | $34,864 | — | — | — |
| 2022 | $58,530 | $30,213 | — | — | $28,317 |