# Garman Builders, INC. 401(k) Plan
Source: https://planprovider.pro/companies/garman-builders-inc-401k-plan

> Garman Builders, INC.&#39;s 401(k) plan: 85 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Garman Builders, INC.

- **Sponsor EIN:** 231976382

- **Sponsor Address:** 529 EAST MAIN STREET, LITITZ, PA, 17543

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

- **Total Participants:** 85

- **Total Assets:** $7.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|85|$7.7M|$122,193|$588,582|

| 2023|82|$6.4M|$139,127|$640,137|

| 2022|95|$5.7M|$134,638|$625,852|

## 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|

| BROWN PLUS|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [BROWN PLUS](https://planprovider.pro/provider/brown-plus) — 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|$30,442|$6,114|—|—|—|

| 2023|$48,617|$31,973|—|$10,500|—|

| 2022|$26,840|—|—|—|$26,840|

## Similar Plans

- [Gemcraft Homes INC](https://planprovider.pro/companies/gemcraft-homes-inc-plan) — 78 participants

- [Milbern Builders Associates, INC.](https://planprovider.pro/companies/milbern-builders-associates-inc-401k-plan) — 109 participants

- [Turn Key Realty, LLC](https://planprovider.pro/companies/turn-key-realty-llc-401k-plan) — 53 participants

- [Pioneer Construction Co.](https://planprovider.pro/companies/pioneer-construction-co-401k-plan) — 124 participants

- [Simplex Industries INC](https://planprovider.pro/companies/simplex-industries-inc-401k-plan) — 131 participants

- [Muncy Homes, INC.](https://planprovider.pro/companies/muncy-homes-inc-401k-plan) — 133 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/garman-builders-inc-401k-plan)

&copy; 2026 PlanProvider.Pro
