Plan Snapshot
- Plan Sponsor: Williams & Fudge, INC.
- Sponsor EIN: 570826165
- Sponsor Address: 300 CHATHAM AVENUE, ROCK HILL, SC, 29730
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 300
- Total Assets: $30.9M
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. |
|---|---|---|---|---|
| 2025 | 300 | $30.9M | $0 | $0 |
| 2024 | 251 | $26.2M | $648,460 | $1.3M |
| 2023 | 240 | $23.8M | $568,416 | $1.2M |
| 2022 | 221 | $21.5M | $607,523 | $1.3M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL | Investment Advisor | $27,398 | — | $27,398 |
| ADP, INC. | Recordkeeper | $6,520 | — | $6,520 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,918
- Estimated Expense Ratio: 0.110% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $2,109,842 | $27,398 | — | — | — |
| 2024 | $37,246 | $31,956 | — | — | — |
| 2023 | $45,180 | $39,762 | — | — | — |
| 2022 | $52,868 | — | — | — | — |