Plan Snapshot
- Plan Sponsor: C.O. Falter Construction Corp.
- Sponsor EIN: 160968314
- Sponsor Address: 403 WEST BEAR STREET, SYRACUSE, NY, 132041311
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $40.6M
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 | 75 | $40.6M | $1.7M | $255,250 |
| 2023 | 66 | $34.7M | $1.6M | $259,445 |
| 2022 | 65 | $28.9M | $1.5M | $228,499 |
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 |
|---|---|---|---|---|
| FIRLEY, MORAN, FREER & EASSA,CPA PC | 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 | $87,256 | $72,493 | $14,763 | — | — |
| 2023 | $94,201 | $74,954 | $7,084 | — | — |
| 2022 | $87,532 | $81,759 | $5,207 | — | — |