Plan Snapshot
- Plan Sponsor: Constructors Incorporated
- Sponsor EIN: 850135619
- Sponsor Address: 3003 S BOYD DRIVE, CARLSBAD, NM, 88220
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $10.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 273 | $10.6M | $378,580 | $580,284 |
| 2023 | 251 | $9.3M | $208,564 | $321,545 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $55,050 | — | $55,050 |
| PENSION PLANNING CONSULTANTS, INC. | Recordkeeper | $10,650 | — | $10,650 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | Other Service Provider | $5,545 | — | $5,545 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,245
- Estimated Expense Ratio: 0.673% 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 | $73,078 | — | $73,078 | — | — |
| 2023 | $70,050 | — | $70,050 | — | — |