Plan Snapshot
- Plan Sponsor: Anchor Construction Corporation
- Sponsor EIN: 521425303
- Sponsor Address: 2254 25TH PLACE NE, WASHINGTON, DC, 200181404
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $18.9M
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 | 382 | $18.9M | $661,922 | $839,369 |
| 2023 | 326 | $17.1M | $620,546 | $866,317 |
| 2022 | 420 | $16.0M | $601,463 | $922,923 |
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 |
|---|---|---|---|---|
| WESSEL & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WESSEL & COMPANY — Auditor
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 | $110,940 | $68,261 | — | — | — |
| 2023 | $104,681 | $60,938 | — | — | — |
| 2022 | $125,988 | $72,077 | — | — | $53,911 |