Plan Snapshot
- Plan Sponsor: White/Herring Tractor & Truck, LLC
- Sponsor EIN: 560495345
- Sponsor Address: PO BOX 3817, WILSON, NC, 27895
- Plan Type: 401(k)
- Total Participants: 212
- Total Assets: $9.4M
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 | 212 | $9.4M | $173,241 | $539,091 |
| 2023 | 184 | $8.9M | $180,760 | $504,853 |
| 2022 | 174 | $7.6M | $30,375 | $81,081 |
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 |
|---|---|---|---|---|
| ANTHONY, TABB & CREEL, P.A. | 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 | $55,323 | $18,025 | $27,067 | — | — |
| 2023 | $37,761 | $11,962 | $17,965 | — | — |
| 2022 | $925 | — | $925 | — | — |