Plan Snapshot
- Plan Sponsor: Benchmark Construction Company, INC
- Sponsor EIN: 232340065
- Sponsor Address: P O BOX 806, BROWNSTOWN, PA, 17508
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 250
- Total Assets: $31.7M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 250 | $31.7M | $0 | $0 |
| 2024 | 201 | $28.1M | $611,725 | $1.6M |
| 2023 | 186 | $23.5M | $544,409 | $1.4M |
| 2022 | 183 | $19.8M | $509,727 | $1.3M |
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 |
|---|---|---|---|---|
| COMPREHENSIVE FINANCIAL PLANNING | Investment Advisor | $78,247 | — | $78,247 |
| MVP PLAN ADMINISTRATORS, INC | Recordkeeper | $14,442 | — | $14,442 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,689
- Estimated Expense Ratio: 0.293% 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 | $3,055,756 | $77,655 | — | — | — |
| 2024 | $64,286 | $52,793 | — | — | — |
| 2023 | $53,924 | $43,866 | $10,058 | — | — |
| 2022 | $57,968 | $47,121 | $10,847 | — | — |