Plan Snapshot
- Plan Sponsor: Kabco Builders, INC.
- Sponsor EIN: 710943618
- Sponsor Address: PO BOX 745, BOAZ, AL, 35957
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $3.9M
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 | 185 | $3.9M | $53,109 | $262,849 |
| 2023 | 174 | $4.1M | $53,013 | $256,215 |
| 2022 | 178 | $3.4M | $46,078 | $277,896 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE COMP | NONE | $3,355 | $11,505 | $14,860 |
| MDA PROFESSIONAL GROUP, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MDA PROFESSIONAL GROUP, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,860
- Estimated Expense Ratio: 0.386% 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 | $4,213 | — | — | — | — |
| 2023 | $3,247 | — | — | — | — |
| 2022 | $7,425 | — | — | — | $7,425 |