Plan Snapshot
- Plan Sponsor: Deviney Construction Company, INC.
- Sponsor EIN: 640758906
- Sponsor Address: 1059 DEVINEY DR, RAYMOND, MS, 391548387
- Plan Type: 401(k)
- Total Participants: 242
- Total Assets: $13.2M
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. |
|---|---|---|---|---|
| 2024 | 242 | $13.2M | $670,000 | $590,681 |
| 2023 | 205 | $12.9M | $160,000 | $556,928 |
| 2022 | 164 | $11.4M | $675,000 | $371,717 |
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 |
|---|---|---|---|---|
| HERITAGE PENSION ADVISORS, LLC | Recordkeeper | $46,045 | — | $46,045 |
| BANKPLUS WEALTH MANAGEMENT | Investment Advisor | $30,883 | — | $30,883 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,928
- Estimated Expense Ratio: 0.583% 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 | $76,928 | $30,883 | — | — | — |
| 2023 | $81,882 | $28,972 | — | — | — |
| 2022 | $75,184 | $27,350 | $47,834 | — | — |