Plan Snapshot
- Plan Sponsor: Devcon Construction Incorporated
- Sponsor EIN: 942685009
- Sponsor Address: 690 GIBRALTAR DRIVE, MILPITAS, CA, 95035
- Plan Type: DC
- Total Participants: 327
- Total Assets: $144.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2024 | 327 | $144.1M | $7.8M | $2.8M |
| 2023 | 323 | $125.8M | $5.6M | $2.7M |
| 2022 | 344 | $113.7M | $6.8M | $2.5M |
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 |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP LLC | INVESTMENT ADVISOR | $36,000 | — | $36,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $20,510 | — | $20,510 |
| JOHANSON YAU ACCOUNTANCY CORP. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,510
- Estimated Expense Ratio: 0.039% 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 | $55,758 | $56,510 | — | — | — |
| 2023 | $4,575 | $14,996 | — | — | — |
| 2022 | $15,230 | $6,070 | — | — | — |