Plan Snapshot
- Plan Sponsor: Joy Construction Corp.
- Sponsor EIN: 133819494
- Sponsor Address: 40 FULTON STREET, 22ND FLOOR, NEW YORK, NY, 10038
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $5.7M
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 | 136 | $5.7M | $332,731 | $516,532 |
| 2023 | 123 | $4.6M | $294,303 | $429,882 |
| 2022 | 100 | $4.1M | $294,272 | $445,908 |
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 |
|---|---|---|---|---|
| LUXENBURG & BRONFIN | Auditor | $9,675 | — | $9,675 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,675
- Estimated Expense Ratio: 0.171% 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 | $73,435 | $14,364 | $33,984 | $9,675 | — |
| 2023 | $65,351 | $12,134 | $28,774 | $8,800 | — |
| 2022 | $65,422 | $11,667 | $27,228 | — | $26,527 |