Plan Snapshot
- Plan Sponsor: Engelberth Construction, INC.
- Sponsor EIN: 030228437
- Sponsor Address: 150 WATER TOWER CIRCLE, COLCHESTER, VT, 05446
- Plan Type: 401(k)
- Total Participants: 113
- Total Assets: $31.8M
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 | 113 | $31.8M | $406,021 | $1.3M |
| 2023 | 108 | $29.4M | $397,500 | $1.2M |
| 2022 | 114 | $28.5M | $397,324 | $1.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $198,608 | — | $198,608 |
| RAYMOND JAMES & ASSOCIATES, INC | INVESTMENT ADVISORY | — | $59,095 | $59,095 |
| FUTURE PLANNING ASSOCIATES, INC | OTHER SERVICES | — | $13,236 | $13,236 |
| GALLAGHER FLYNN & CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES, INC — INVESTMENT ADVISORY
- GALLAGHER FLYNN & CO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $270,939
- Estimated Expense Ratio: 0.851% 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 | $198,608 | — | $198,608 | — | — |
| 2023 | $115,133 | — | $115,133 | — | — |
| 2022 | $121,733 | — | $121,733 | — | — |