Plan Snapshot
- Plan Sponsor: Contractors Materials, LLC
- Sponsor EIN: 522020248
- Sponsor Address: 4048 NEW CASTLE AVENUE, NEW CASTLE, DE, 197201455
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $6.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 119 | $6.5M | $265,466 | $222,982 |
| 2023 | 125 | $6.2M | $278,280 | $238,428 |
| 2022 | 122 | $5.3M | $251,245 | $256,320 |
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 |
|---|---|---|---|---|
| HORTY & HORTY, PA | 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 | $56,843 | — | $56,843 | — | — |
| 2023 | $48,878 | — | $48,878 | — | — |
| 2022 | $46,699 | — | $43,567 | — | — |