Plan Snapshot
- Plan Sponsor: University Of Mount Olive
- Sponsor EIN: 560623936
- Sponsor Address: 634 HENDERSON STREET, MOUNT OLIVE, NC, 283651263
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $28.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 186 | $28.1M | $101,953 | $686,964 |
| 2023 | 209 | $27.5M | $45,244 | $721,626 |
| 2022 | 274 | $25.7M | $250,908 | $837,882 |
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 |
|---|---|---|---|---|
| PB MARES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PB MARES LLP — Auditor
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 | $100,546 | $46,612 | $6,921 | — | — |
| 2023 | $89,869 | $43,302 | $1,006 | — | — |
| 2022 | $110,094 | $50,486 | — | — | — |