# Hubbard &amp; Drake General/Mechanical Contractors, INC. 401(k) Plan
Source: https://planprovider.pro/companies/hubbard-drake-general-mechanical-contractors-inc-401k-plan

> Hubbard &amp; Drake General/Mechanical Contractors, INC.&#39;s 401(k) plan: 102 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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