Plan Snapshot
- Plan Sponsor: Asphalt Materials, INC.
- Sponsor EIN: 351002095
- Sponsor Address: 6640 INTECH BOULEVARD, INDIANAPOLIS, IN, 462782011
- Plan Type: 401(k)
- Total Participants: 2,325
- Total Assets: $556.8M
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 | 2,325 | $556.8M | $22.4M | $30.3M |
| 2023 | 3,856 | $665.4M | $22.9M | $30.1M |
| 2022 | 3,566 | $552.4M | $21.4M | $27.5M |
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 |
|---|---|---|---|---|
| PILE CPAS | Auditor | — | — | $0 |
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 | $548,080 | $250,596 | $297,484 | — | — |
| 2023 | $220,934 | $219,734 | $1,200 | — | — |
| 2022 | $559,513 | $202,265 | $355,748 | — | $1,500 |