Plan Snapshot
- Plan Sponsor: Ims Masonry, INC.
- Sponsor EIN: 870467042
- Sponsor Address: 335 SOUTH 1250 WEST, LINDON, UT, 84042
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $11.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $11.2M | $348,953 | $1.0M |
| 2023 | 347 | $9.6M | $356,101 | $919,626 |
| 2022 | 354 | $7.5M | $323,084 | $832,936 |
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 |
|---|---|---|---|---|
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — 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 | $72,387 | $50,743 | $9,100 | — | — |
| 2023 | $60,641 | $39,878 | $9,263 | — | — |
| 2022 | $52,386 | $34,199 | $14,837 | — | $3,350 |