Plan Snapshot
- Plan Sponsor: Concrete & Materials Placement, L.L.C.
- Sponsor EIN: 204969534
- Sponsor Address: 11301 DOWN RD, PINEVILLE, NC, 28134
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 29
- Total Assets: $173,023
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 | 29 | $173,023 | $500,993 | $142,957 |
| 2023 | 34 | $108,325 | $290,261 | $176,698 |
| 2022 | 36 | $103,827 | $274,774 | $160,355 |
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 |
|---|---|---|---|---|
| MEDCOST LLC | Other Service Provider | $24,136 | — | $24,136 |
| ECM SOLUTIONS | Investment Advisor | $10,604 | — | $10,604 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $7,230 | — | $7,230 |
| THE BENECON GROUP, LLC | Investment Advisor | $7,230 | — | $7,230 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,200
- Estimated Expense Ratio: 28.436% 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 | $155,530 | — | — | — | — |
| 2023 | $356,198 | — | — | — | — |
| 2022 | $925,434 | — | — | — | — |