Plan Snapshot
- Plan Sponsor: Jack B. Henderson Construction Company, INC.
- Sponsor EIN: 850200020
- Sponsor Address: 501 EUBANK BLVD. SE, ALBUQUERQUE, NM, 87123
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $26.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 138 | $26.4M | $1.4M | $1.1M |
| 2023 | 131 | $18.4M | $1.5M | $801,857 |
| 2022 | 100 | $14.3M | $1.3M | $737,128 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $92,620 | — | $92,620 |
| PENSION PLANNING CONSULTANTS INC | TPA | $4,048 | $10,229 | $14,277 |
| LOFTIS & LOVATO GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOFTIS & LOVATO GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,897
- Estimated Expense Ratio: 0.405% of plan assets
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 | $97,689 | — | $97,689 | — | — |
| 2023 | $60,402 | — | $60,402 | — | — |
| 2022 | $54,566 | — | $54,566 | — | — |