Plan Snapshot
- Plan Sponsor: Associated Builders And Contractors , INC. - Utah Chapter
- Sponsor EIN: 870343604
- Sponsor Address: 660 WEST 900 NORTH, SUITE B, NORTH SALT LAKE, UT, 84054
- Plan Type: 401(k)
- Total Participants: 302
- Total Assets: $10.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 302 | $10.3M | $736,783 | $664,158 |
| 2023 | 497 | $14.5M | $526,674 | $1.1M |
| 2022 | 471 | $11.7M | $452,309 | $930,078 |
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 |
|---|---|---|---|---|
| JONES SIMKINS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JONES SIMKINS LLC — 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 | $154,034 | — | $154,034 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $192,732 | — | — | — | $192,732 |