Plan Snapshot
- Plan Sponsor: B & B Concrete Company, INC.
- Sponsor EIN: 640340868
- Sponsor Address: P. O. BOX 407, TUPELO, MS, 38802
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 152
- Total Assets: $10.5M
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. |
|---|---|---|---|---|
| 2025 | 152 | $10.5M | $0 | $0 |
| 2024 | 119 | $9.7M | $240,153 | $375,030 |
| 2023 | 115 | $8.7M | $239,171 | $367,851 |
| 2022 | 112 | $7.2M | $253,179 | $367,834 |
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 |
|---|---|---|---|---|
| REGIONS BANK | Investment Advisor | $23,195 | — | $23,195 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $20,855 | — | $20,855 |
| NAIL MCKINNEY PROFESSIONAL ASSOC | Auditor | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,050
- Estimated Expense Ratio: 0.522% 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 |
|---|---|---|---|---|---|
| 2025 | $1,254,163 | $23,195 | — | $11,000 | — |
| 2024 | $54,279 | $21,744 | — | $10,575 | — |
| 2023 | $47,742 | $18,669 | — | $9,310 | — |
| 2022 | $56,606 | — | — | — | — |