# Frank L Blum Construction Co., INC 401(k) Plan
Source: https://planprovider.pro/companies/frank-l-blum-construction-co-inc-401k-plan

> Frank L Blum Construction Co., INC&#39;s 401(k) plan: 218 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Frank L Blum Construction Co., INC

- **Sponsor EIN:** 560613173

- **Sponsor Address:** 2601 PILGRIM COURT, WINSTON-SALEM, NC, 27106

- **Plan Type:** 401(k)

- **Total Participants:** 218

- **Total Assets:** $19.9M

## 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|218|$19.9M|$231,219|$1.8M|

| 2023|225|$17.2M|$210,592|$1.6M|

| 2022|210|$13.2M|$171,758|$1.4M|

## 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|

| FORVIS MAZARS, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FORVIS MAZARS, LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$158,557|$65,948|$91,430|—|—|

| 2023|$109,266|$49,460|$59,806|—|—|

| 2022|$107,481|$45,010|$62,471|—|—|

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