Plan Snapshot
- Plan Sponsor: Wilmington Health, PLLC
- Sponsor EIN: 561980160
- Sponsor Address: 1202 MEDICAL CENTER DRIVE, WILMINGTON, NC, 28401
- Plan Type: 401(k)
- Total Participants: 1,251
- Total Assets: $166.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,251 | $166.3M | $4.6M | $5.7M |
| 2023 | 1,161 | $141.7M | $4.3M | $5.2M |
| 2022 | 1,079 | $113.1M | $3.9M | $4.6M |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $500,400 | $362,326 | — | — | — |
| 2023 | $397,902 | $278,753 | — | — | — |
| 2022 | $410,956 | — | — | — | $410,956 |