Plan Snapshot
- Plan Sponsor: Largo Concrete, INC.
- Sponsor EIN: 770226865
- Sponsor Address: 2741 WALNUT AVENUE, TUSTIN, CA, 92780
- Plan Type: 401(k)
- Total Participants: 465
- Total Assets: $29.2M
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 | 465 | $29.2M | $730,697 | $3.0M |
| 2023 | 714 | $25.1M | $857,368 | $3.1M |
| 2022 | 807 | $18.9M | $1.1M | $3.1M |
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 |
|---|---|---|---|---|
| TRI-AD ACTUARIES, INC. | NONE | $123,140 | — | $123,140 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $123,140
- Estimated Expense Ratio: 0.422% 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 | $123,140 | — | $123,140 | — | — |
| 2023 | $107,664 | — | $107,664 | — | — |
| 2022 | $105,068 | — | $105,068 | — | — |