Plan Snapshot
- Plan Sponsor: Baker Roofing Company, LLC
- Sponsor EIN: 560130810
- Sponsor Address: 3500 REGENCY PARKWAY, CARY, NC, 27518
- Plan Type: 401(k)
- Total Participants: 862
- Total Assets: $57.3M
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 | 862 | $57.3M | $2.1M | $3.7M |
| 2023 | 854 | $49.8M | $1.8M | $3.2M |
| 2022 | 694 | $33.5M | $1.5M | $2.6M |
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 |
|---|---|---|---|---|
| THOMAS, JUDY, & TUCKER P.A. | 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 | $429,240 | $323,105 | — | — | — |
| 2023 | $311,251 | $231,743 | — | — | — |
| 2022 | $273,398 | $200,433 | $72,965 | — | — |