Plan Snapshot
- Plan Sponsor: Utili-Serve, LLC
- Sponsor EIN: 262847595
- Sponsor Address: 1701 CABLE DRIVE NE, CONOVER, NC, 28613
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $9.8M
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 | 268 | $9.8M | $815,055 | $1.1M |
| 2023 | 309 | $7.9M | $588,326 | $940,966 |
| 2022 | 216 | $5.7M | $498,183 | $795,814 |
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 |
|---|---|---|---|---|
| PARSONS CPA, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PARSONS CPA, PLLC — 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 | $72,481 | — | $72,481 | — | — |
| 2023 | $50,352 | — | $50,352 | — | — |
| 2022 | $34,974 | — | $34,387 | — | — |