Plan Snapshot
- Plan Sponsor: English Construction Company, INC.
- Sponsor EIN: 540472783
- Sponsor Address: 615 CHURCH STREET, LYNCHBURG, VA, 24504
- Plan Type: 401(k)
- Total Participants: 424
- Total Assets: $39.5M
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 | 424 | $39.5M | $582,905 | $1.3M |
| 2023 | 374 | $34.8M | $503,793 | $1.3M |
| 2022 | 383 | $33.2M | $484,307 | $1.1M |
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 |
|---|---|---|---|---|
| BROWN, EDWARDS & COMPANY LLP | Auditor | $12,255 | — | $12,255 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN, EDWARDS & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,255
- Estimated Expense Ratio: 0.031% 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 | $121,406 | $67,490 | — | $12,255 | — |
| 2023 | $111,966 | $62,865 | — | $8,030 | — |
| 2022 | $116,580 | $63,010 | $42,483 | — | $11,087 |