Plan Snapshot
- Plan Sponsor: Empire State Highway Contractors Association, INC.
- Sponsor EIN: 161238273
- Sponsor Address: 2481 HIGBY ROAD, FRANKFORT, NY, 13340
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $7.0M
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 | 225 | $7.0M | $518,208 | $383,020 |
| 2023 | 142 | $5.8M | $327,877 | $337,756 |
| 2022 | 123 | $4.9M | $375,704 | $269,841 |
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 |
|---|---|---|---|---|
| WEALTH MANAGEMENT ADVISORY | INVESTMENT ADVISOR | $21,890 | — | $21,890 |
| EPIC ADVISORS, INC. | RECORDKEEPER | $11,536 | — | $11,536 |
| FIRLEY, MORAN, FREER & EASSA CPA PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC ADVISORS, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,426
- Estimated Expense Ratio: 0.477% 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 | $38,104 | $21,890 | $2,803 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |