Plan Snapshot
- Plan Sponsor: C.W. Matthews Contracting Co., INC.
- Sponsor EIN: 580652729
- Sponsor Address: 1600 KENVIEW DRIVE, MARIETTA, GA, 30061
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,422
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,422 | $2.9M | $11.9M | $6.8M |
| 2023 | 1,111 | $3.9M | $7.2M | $5.4M |
| 2022 | 1,019 | $4.0M | $7.9M | $5.1M |
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 |
|---|---|---|---|---|
| PARAGON BENEFITS, INC. | Recordkeeper | $201,434 | — | $201,434 |
| IMA FINCNAIAL | Insurance Carrier | $182,732 | — | $182,732 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $384,166
- Estimated Expense Ratio: 13.082% 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 | $734,948 | — | $734,948 | — | — |
| 2023 | $553,666 | — | $553,666 | — | — |
| 2022 | $574,977 | — | — | — | $574,977 |