Plan Snapshot
- Plan Sponsor: Jrc Mechanical, LLC
- Sponsor EIN: 475288363
- Sponsor Address: 417 NETWORK STATION, CHESAPEAKE, VA, 23320
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 151 | $2.9M | $35,812 | $257,649 |
| 2023 | 214 | $2.6M | $41,165 | $353,651 |
| 2022 | 237 | $2.3M | $44,590 | $336,075 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | 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 | $14,027 | — | $14,027 | — | — |
| 2023 | $12,756 | — | $12,756 | — | — |
| 2022 | $11,870 | — | $11,870 | — | — |