Plan Snapshot
- Plan Sponsor: Wake Internal Medicine Consultants, INC.
- Sponsor EIN: 561231430
- Sponsor Address: 3237 BLUE RIDGE RD, RALEIGH, NC, 27612
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $45.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 152 | $45.9M | $1.3M | $807,384 |
| 2023 | 142 | $38.2M | $1.3M | $909,376 |
| 2022 | 110 | $33.6M | $1.3M | $809,233 |
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 |
|---|---|---|---|---|
| BRC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRC — 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 | $82,838 | $32,727 | $50,111 | — | — |
| 2023 | $75,450 | $28,129 | $47,296 | — | — |
| 2022 | $74,408 | $26,901 | $47,507 | — | — |