Plan Snapshot
- Plan Sponsor: Associated Builders And Contractors, INC., Delaware Chapter
- Sponsor EIN: 510101354
- Sponsor Address: 3 BLEVINS DRIVE, SUITE B, NEW CASTLE, DE, 19720
- Plan Type: 401(k)
- Total Participants: 1,269
- Total Assets: $55.2M
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 | 1,269 | $55.2M | $1.8M | $3.9M |
| 2023 | 1,095 | $48.5M | $1.6M | $3.5M |
| 2022 | 1,024 | $39.8M | $1.6M | $3.4M |
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 |
|---|---|---|---|---|
| TEMPLETON & COMPANY | Auditor | $18,383 | — | $18,383 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEMPLETON & COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,383
- Estimated Expense Ratio: 0.033% 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 | $438,576 | — | $420,193 | $18,383 | — |
| 2023 | $374,347 | $366,230 | — | $8,117 | — |
| 2022 | $314,289 | — | $314,289 | — | — |