Plan Snapshot
- Plan Sponsor: Zealandia Holding Company, INC.
- Sponsor EIN: 203074642
- Sponsor Address: 1 VANCE GAP RD, ASHEVILLE, NC, 288051227
- Plan Type: 401(k)
- Total Participants: 445
- Total Assets: $10.6M
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 | 445 | $10.6M | $395,595 | $980,258 |
| 2023 | 280 | $9.8M | $369,611 | $846,718 |
| 2022 | 261 | $8.1M | $393,624 | $773,042 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $48,753 | — | $48,753 |
| FIFTH THIRD BANK | INVESTMENT ADVISORY | — | $20,259 | $20,259 |
| WITHUMSMITHBROWN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITHBROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,012
- Estimated Expense Ratio: 0.651% 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 | $48,753 | — | $48,753 | — | — |
| 2023 | $40,707 | — | $40,707 | — | — |
| 2022 | $59,078 | — | $59,078 | — | — |