Plan Snapshot
- Plan Sponsor: Klaasmeyer Construction Company, INC.
- Sponsor EIN: 710456095
- Sponsor Address: P O BOX 847, CONWAY, AR, 720330847
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $19.3M
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 | 182 | $19.3M | $3.0M | $499,139 |
| 2023 | 199 | $17.2M | $3.0M | $512,298 |
| 2022 | 206 | $14.8M | $3.1M | $442,259 |
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 | $58,898 | — | $58,898 |
| EDWARD JONES | INVESTMENT ADVISORY | — | $22,160 | $22,160 |
| BROWN ROGERS & CO LLC | ACCOUNTANT | $12,485 | — | $12,485 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWN ROGERS & CO LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,543
- Estimated Expense Ratio: 0.484% 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 | $71,383 | — | $58,898 | $12,485 | — |
| 2023 | $64,784 | — | $52,909 | $11,875 | — |
| 2022 | $62,340 | — | $50,915 | — | $11,425 |