Plan Snapshot
- Plan Sponsor: Fortis Construction INC.
- Sponsor EIN: 412096320
- Sponsor Address: 5331S MACADAM AVE SUITE 100, PORTLAND, OR, 97239
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 671
- Total Assets: $66.0M
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. |
|---|---|---|---|---|
| 2025 | 671 | $66.0M | $0 | $0 |
| 2024 | 415 | $51.1M | $2.3M | $3.9M |
| 2023 | 328 | $44.4M | $2.0M | $3.1M |
| 2022 | 304 | $37.0M | $1.6M | $2.8M |
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 |
|---|---|---|---|---|
| COLDSTREAM CAPITAL MANAGEMENT INC. | Other Service Provider | — | $34,375 | $34,375 |
| VOYA RETIREMENT ADVISORS | Other Service Provider | $27,790 | — | $27,790 |
| CABLE HILL PARTNERS, LLC | Other Service Provider | — | $20,833 | $20,833 |
| BAKER TILLY US LLP | Other Service Provider | $14,554 | — | $14,554 |
| PROFESSIONAL BENEFIT SERVICES INC. | Other Service Provider | $12,934 | — | $12,934 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,486
- Estimated Expense Ratio: 0.167% 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 | $3,379,691 | — | $198,313 | — | — |
| 2024 | $159,071 | — | $159,071 | — | — |
| 2023 | $142,401 | — | $142,401 | — | — |
| 2022 | $134,310 | — | $134,310 | — | — |