Plan Snapshot
- Plan Sponsor: Ferreira Construction Co., INC.
- Sponsor EIN: 223334957
- Sponsor Address: 31 TANNERY ROAD, BRANCHBURG, NJ, 08876
- Plan Type: 401(k)
- Total Participants: 594
- Total Assets: $38.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 594 | $38.6M | $1.3M | $2.7M |
| 2023 | 516 | $30.8M | $1.2M | $2.4M |
| 2022 | 495 | $24.3M | $1.0M | $2.2M |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | RECORD KEEPER | $130,658 | — | $130,658 |
| MERRILL LYNCH LIFE AGENCY, INC. | INVESTMENT ADVISORY | $89,584 | — | $89,584 |
| RED BANK PENSION SERVICES, INC. | RECORD KEEPER | $8,493 | — | $8,493 |
| WISS & COMPANY, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INSURANCE COMPANY — RECORD KEEPER
- MERRILL LYNCH LIFE AGENCY, INC. — INVESTMENT ADVISORY
- WISS & COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $228,735
- Estimated Expense Ratio: 0.592% 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 | $227,442 | — | — | — | — |
| 2023 | $172,764 | — | — | — | — |
| 2022 | $121,474 | — | $121,474 | — | — |