Plan Snapshot
- Plan Sponsor: Doggett Concrete, INC.
- Sponsor EIN: 561858509
- Sponsor Address: 1425 CRESSIDA DRIVE, CHARLOTTE, NC, 28210
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 90
- Total Assets: $11,642
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 90 | $11,642 | $963,146 | $351,501 |
| 2023 | 87 | $13,346 | $654,537 | $338,254 |
| 2022 | 71 | $8,267 | $514,116 | $248,512 |
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 |
|---|---|---|---|---|
| MEDCOST LLC | Other Service Provider | $53,689 | — | $53,689 |
| ECM SOLUTIONS | Investment Advisor | $23,320 | — | $23,320 |
| E. K. MCCONKEY & CO., INC. | Investment Advisor | $15,900 | — | $15,900 |
| THE BENECON GROUP, LLC | Investment Advisor | $15,900 | — | $15,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,809
- Estimated Expense Ratio: 934.625% 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 | $1,306,694 | — | — | — | — |
| 2023 | $645,480 | — | — | — | — |
| 2022 | $1,155,550 | — | — | — | — |