Plan Snapshot
- Plan Sponsor: Black Equipment Co. INC.
- Sponsor EIN: 350999221
- Sponsor Address: 1187 BURCH DRIVE, EVANSVILLE, IN, 47725
- Plan Type: 401(k)
- Total Participants: 307
- Total Assets: $10.0M
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 | 307 | $10.0M | $150,221 | $569,720 |
| 2023 | 296 | $9.3M | $141,632 | $513,657 |
| 2022 | 260 | $8.6M | $108,014 | $420,925 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | NONE | $1,444 | $53,642 | $55,086 |
| RT JONES CAPITAL EQUITIES MGMT INC | NONE | $21,098 | — | $21,098 |
| 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: $76,184
- Estimated Expense Ratio: 0.761% 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 | $22,092 | $21,098 | $994 | — | — |
| 2023 | $18,974 | $18,279 | $695 | — | — |
| 2022 | $19,606 | $18,501 | $1,105 | — | — |