Tar Heel Capital Corporation No. 2 401(k) match, vesting and fees
What Tar Heel Capital Corporation No. 2's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | American Trust Company | Schedule C ↗ |
| Independent auditor | Dmjps PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,100 defined-contribution plans in accommodation and food services with 100 to 499 participants.
| Tar Heel Capital Corporation No. 2: employer contribution per participant | $587 | |
| Peer median | $935 |
| Tar Heel Capital Corporation No. 2: average balance | $46,970 | |
| Peer median | $24,052 |
| Tar Heel Capital Corporation No. 2: admin expenses ÷ assets | 0.48% | |
| Peer median | 0.61% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.7M at the end of plan year 2021 to $8.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,252 | $8.7M | $109K | $587 | 0.48% | Not published | Form 5500 ↗ |
| 2023 | 1,008 | $7.9M | $114K | $622 | 0.34% | Not published | Form 5500 ↗ |
| 2022 | 1,710 | $7.4M | $115K | $576 | 0.64% | Not published | Form 5500 ↗ |
| 2021 | 1,340 | $9.7M | $137K | $601 | 0.48% | Not published | Form 5500 ↗ |
Common questions
Does Tar Heel Capital Corporation No. 2 match 401(k) contributions?
The match terms for the Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan have not been published from its filing yet. The plan year 2024 filing reports $109K in employer contributions, about $587 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Tar Heel Capital Corporation No. 2 401(k) match vested?
The vesting schedule for the Tar Heel Capital Corporation No. 2 Employees Savings Plus Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Tar Heel Capital Corporation No. 2 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is American Trust Company. The plan administrator is Tar Heel Capital Corporation No. 2.
I left Tar Heel Capital Corporation No. 2. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Tar Heel Capital Corporation No. 2, (828) 262-1811) or the recordkeeper, American Trust Company. The Tar Heel Capital Corporation No. 2 old 401(k) page lists the contacts from every plan filing. Find an old Tar Heel Capital Corporation No. 2 401(k)
Data from the public Form 5500 annual reports Tar Heel Capital Corporation No. 2 filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Tar Heel Capital Corporation No. 2. Not financial advice. Report a correction · Methodology