Plan Snapshot
- Plan Sponsor: Ferguson Enterprises, LLC
- Sponsor EIN: 541473338
- Sponsor Address: 751 LAKEFRONT COMMONS, NEWPORT NEWS, VA, 23606
- Plan Type: 401(k)
- Total Participants: 30,502
- Total Assets: $3.6B
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 | 30,502 | $3.6B | $75.6M | $193.9M |
| 2023 | 30,859 | $3.2B | $77.8M | $186.3M |
| 2022 | 30,741 | $2.6B | $71.5M | $175.2M |
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 |
|---|---|---|---|---|
| PBMARES, LLP | Auditor | $23,500 | — | $23,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PBMARES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,500
- Estimated Expense Ratio: 0.001% 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 | $1,243,000 | $112,500 | — | $23,500 | — |
| 2023 | $1,594,619 | — | $1,522,019 | $23,000 | — |
| 2022 | $2,103,746 | $312,500 | $1,706,346 | — | $22,000 |