Plan Snapshot
- Plan Sponsor: Barnhill Contracting Company
- Sponsor EIN: 560512633
- Sponsor Address: 800 TIFFANY BLVD, ROCKY MOUNT, NC, 27804
- Plan Type: 401(k)
- Total Participants: 1,039
- Total Assets: $78.8M
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. |
|---|---|---|---|---|
| 2024 | 1,039 | $78.8M | $2.8M | $3.6M |
| 2023 | 1,026 | $69.7M | $2.3M | $3.3M |
| 2022 | 1,020 | $64.0M | $2.0M | $3.0M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $102,293 | — | $102,293 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $8,883 | — | $8,883 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,176
- Estimated Expense Ratio: 0.141% 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 | $113,872 | $11,578 | $102,294 | — | — |
| 2023 | $102,366 | $9,671 | $92,695 | — | — |
| 2022 | $105,888 | $2,938 | $102,950 | — | — |