# Barringer Construction 401(k) Plan
Source: https://planprovider.pro/companies/barringer-construction-401k-plan

> Barringer Construction's 401(k) plan: 177 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Barringer Construction

- **Sponsor EIN:** 452635257

- **Sponsor Address:** 4020 OLD PINEVILLE ROAD, CHARLOTTE, NC, 28217

- **Plan Type:** 401(k)

- **Total Participants:** 177

- **Total Assets:** $14.0M

## 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|177|$14.0M|$712,155|$1.3M|

| 2023|168|$11.0M|$646,470|$1.1M|

| 2022|159|$8.1M|$564,535|$934,198|

## 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|

| FORVIS MAZARS|Auditor|$3,156|—|$3,156|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $3,156

- **Estimated Expense Ratio:** 0.022% 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|$73,587|—|$70,431|$3,156|—|

| 2023|$59,285|$37,702|—|—|—|

| 2022|$53,264|$34,086|$19,178|—|—|

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