Plan Snapshot
- Plan Sponsor: Horizontal Boring & Tunneling Co.
- Sponsor EIN: 470650041
- Sponsor Address: P.O. BOX 429, EXETER, NE, 68351
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $22.6M
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. |
|---|---|---|---|---|
| 2025 | 127 | $22.6M | $0 | $0 |
| 2024 | 110 | $19.8M | $521,974 | $806,968 |
| 2023 | 110 | $19.8M | $521,974 | $806,968 |
| 2022 | 93 | $15.5M | $337,235 | $710,858 |
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 |
|---|---|---|---|---|
| SCHMIDTLEIN & ASSOCIATES, CPAS, PA | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $85,946 | $72,725 | — | — | — |
| 2024 | $430,464 | — | $68,422 | — | — |
| 2023 | $68,422 | — | — | — | — |
| 2022 | $61,084 | — | — | — | — |