Plan Snapshot
- Plan Sponsor: Fci Constructors, INC.
- Sponsor EIN: 840763878
- Sponsor Address: P.O. BOX 1767, GRAND JUNCTION, CO, 815021767
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 432
- Total Assets: $82.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 432 | $82.2M | $3.4M | $2.1M |
| 2023 | 417 | $80.7M | $4.0M | $1.9M |
| 2022 | 409 | $67.9M | $3.2M | $1.7M |
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 |
|---|---|---|---|---|
| FIRST WESTERN TRUST | Investment Advisor | $50,442 | — | $50,442 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $47,653 | — | $47,653 |
| HUNTER BENEFITS CONSULTING GROUP IN | Other Service Provider | — | $21,285 | $21,285 |
| DWC CPAS AND ADVISORS | Other Service Provider | $15,800 | — | $15,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $135,180
- Estimated Expense Ratio: 0.164% 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 | $113,895 | $50,442 | $47,653 | $15,800 | — |
| 2023 | $112,625 | $39,320 | $46,354 | $26,951 | — |
| 2022 | $78,477 | $25,802 | $30,684 | — | $21,991 |