Plan Snapshot
- Plan Sponsor: Hubbard & Drake General/Mechanical Contractors, INC.
- Sponsor EIN: 630887505
- Sponsor Address: 1002 5TH AVENUE SE, DECATUR, AL, 35601
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $6.1M
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 | 102 | $6.1M | $251,423 | $466,845 |
| 2023 | 127 | $6.1M | $246,575 | $442,821 |
| 2022 | 126 | $5.2M | $249,271 | $431,979 |
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 |
|---|---|---|---|---|
| WEAR, HOWELL, STRICKLAND, QUINN | 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 |
|---|---|---|---|---|---|
| 2024 | $62,958 | — | $62,958 | — | — |
| 2023 | $48,347 | — | $48,347 | — | — |
| 2022 | $45,659 | $20,019 | — | — | $23,215 |