Plan Snapshot
- Plan Sponsor: Ford Construction Company
- Sponsor EIN: 620537961
- Sponsor Address: P.O. BOX 527, DYERSBURG, TN, 38025
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 205
- Total Assets: $15.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 205 | $15.3M | $0 | $0 |
| 2024 | 184 | $14.2M | $871,000 | $471,756 |
| 2023 | 187 | $12.3M | $636,927 | $405,948 |
| 2022 | 202 | $10.9M | $423,974 | $398,002 |
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 HORIZON BANK, NA | Other Service Provider | $46,442 | — | $46,442 |
| ALEXANDER THOMPSON ARNOLD PC | Other Service Provider | $9,350 | — | $9,350 |
| JULY BUSINESS SERVICES LLC | Other Service Provider | $5,500 | — | $5,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,292
- Estimated Expense Ratio: 0.401% 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 |
|---|---|---|---|---|---|
| 2025 | $1,660,474 | — | $9,350 | — | — |
| 2024 | $57,272 | — | — | $8,500 | — |
| 2023 | $50,245 | — | — | $6,595 | — |
| 2022 | $50,096 | — | $39,058 | — | $6,175 |