Plan Snapshot
- Plan Sponsor: Faulconer Construction Company I
- Sponsor EIN: 540577820
- Sponsor Address: 2496 OLD IVY ROAD, CHARLOTTESVILLE, VA, 22903
- Plan Type: 401(k)
- Total Participants: 346
- Total Assets: $20.8M
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 | 346 | $20.8M | $409,197 | $1.4M |
| 2023 | 282 | $16.8M | $371,374 | $1.2M |
| 2022 | 266 | $11.9M | $318,989 | $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 |
|---|---|---|---|---|
| SHELTON & COMPANY CPAS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,524 | — | — | — | — |
| 2023 | $4,100 | — | — | — | — |
| 2022 | $4,170 | — | — | — | — |