Plan Snapshot
- Plan Sponsor: Contracting Resources Group, INC.
- Sponsor EIN: 061641484
- Sponsor Address: 8 W. WEST STREET, BALTIMORE, MD, 21230
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 194
- Total Assets: $9.1M
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. |
|---|---|---|---|---|
| 2025 | 194 | $9.1M | $0 | $0 |
| 2024 | 172 | $6.6M | $482,658 | $1.1M |
| 2023 | 171 | $4.6M | $417,911 | $961,625 |
| 2022 | 153 | $3.2M | $324,626 | $695,441 |
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 |
|---|---|---|---|---|
| LOWES FS LLC | Other Service Provider | — | $38,959 | $38,959 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,959
- Estimated Expense Ratio: 0.429% 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 |
|---|---|---|---|---|---|
| 2025 | $832,442 | $38,959 | $46,887 | — | — |
| 2024 | $19,919 | $5,519 | $10,610 | — | — |
| 2023 | $7,261 | — | $3,904 | — | — |
| 2022 | $6,123 | — | $6,123 | — | — |