Plan Snapshot
- Plan Sponsor: Atlantic Concrete Company, INC.
- Sponsor EIN: 510171445
- Sponsor Address: P.O. BOX 321, MILFORD, DE, 19963
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $6.8M
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 | 155 | $6.8M | $273,112 | $374,074 |
| 2023 | 160 | $6.4M | $254,055 | $354,167 |
| 2022 | 189 | $5.2M | $256,100 | $343,954 |
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 INSUR | Recordkeeper | $6,241 | — | $6,241 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $5,340 | $7 | $5,347 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INSUR — Recordkeeper
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,588
- Estimated Expense Ratio: 0.170% 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 | $12,822 | — | $12,822 | — | — |
| 2023 | $8,934 | — | $8,934 | — | — |
| 2022 | $12,032 | — | — | — | $12,032 |