Plan Snapshot
- Plan Sponsor: Granite Excavation INC.
- Sponsor EIN: 201093387
- Sponsor Address: 23 WARM LAKE HWY, CASCADE, ID, 83611
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $6.2M
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 | 225 | $6.2M | $449,156 | $566,832 |
| 2023 | 196 | $4.8M | $365,807 | $524,001 |
| 2022 | 169 | $3.2M | $259,144 | $427,592 |
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 |
|---|---|---|---|---|
| SORREN CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SORREN CPAS P.C. — 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 | $68,542 | — | $68,542 | — | — |
| 2023 | $52,966 | — | $52,966 | — | — |
| 2022 | $42,325 | — | $42,325 | — | — |