Plan Snapshot
- Plan Sponsor: Alabama Associated General Contractors, INC.
- Sponsor EIN: 636049915
- Sponsor Address: 5000 GRANTSWOOD ROAD SUITE 100, IRONDALE, AL, 35210
- Plan Type: 401(k)
- Total Participants: 338
- Total Assets: $10.4M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 338 | $10.4M | $388,425 | $695,009 |
| 2023 | 226 | $11.7M | $354,295 | $604,479 |
| 2022 | 210 | $10.1M | $364,344 | $515,051 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INSURAN | RECORDKEEPER | $30,620 | — | $30,620 |
| TEMPLETON & COMPANY LLP | AUDIT | $21,250 | — | $21,250 |
| MORGAN STANLEY SMITH BARNEY | INVESTMETN ADVISORY -PLAN | $15,177 | — | $15,177 |
| NATIONAL PROFESSIONAL PLANNING GROU | PLAN ADMINISTRATOR | $8,558 | — | $8,558 |
| PINNACLE FINANCIAL SERVICES, INC | RECORDKEEPER | $7,331 | — | $7,331 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSURAN — RECORDKEEPER
- TEMPLETON & COMPANY LLP — AUDIT
- MORGAN STANLEY SMITH BARNEY — INVESTMETN ADVISORY -PLAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,936
- Estimated Expense Ratio: 0.796% 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 | $82,936 | — | $21,250 | — | — |
| 2023 | $69,267 | $30,918 | — | $6,000 | — |
| 2022 | $59,227 | $49,473 | — | — | — |