Plan Snapshot
- Plan Sponsor: Herrman Building Materials, INC.
- Sponsor EIN: 440653225
- Sponsor Address: 1917 S STATE HWY MM, SPRINGFIELD, MO, 65802
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $4.9M
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 | 97 | $4.9M | $93,315 | $306,223 |
| 2023 | 109 | $4.1M | $102,395 | $321,218 |
| 2022 | 123 | $3.8M | $117,612 | $396,326 |
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 — 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 | $26,712 | $14,760 | $11,952 | — | — |
| 2023 | $27,503 | $12,037 | $15,466 | — | — |
| 2022 | $25,636 | $11,698 | $13,938 | — | — |