Plan Snapshot
- Plan Sponsor: Wom South Investors, INC.
- Sponsor EIN: 460490751
- Sponsor Address: 9201 SOUTH BLVD., CHARLOTTE, NC, 28273
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $8.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 101 | $8.1M | $119,101 | $381,274 |
| 2023 | 81 | $7.5M | $117,357 | $426,983 |
| 2022 | 75 | $6.0M | $126,337 | $435,921 |
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 |
|---|---|---|---|---|
| BENEFITS CONSULTANTS GROUP | RECORDKEEPER | $38,226 | — | $38,226 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFITS CONSULTANTS GROUP — RECORDKEEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,226
- Estimated Expense Ratio: 0.473% 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 |
|---|---|---|---|---|---|
| 2024 | $38,226 | — | — | — | — |
| 2023 | $30,339 | — | $30,339 | — | — |
| 2022 | $8,035 | — | — | — | $8,035 |