# University Of Mount Olive 401(k) Plan
Source: https://planprovider.pro/companies/university-of-mount-olive-401k-plan

> University Of Mount Olive's 401(k) plan: 186 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/pbmares-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|—|—|—|

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