Plan Snapshot
- Plan Sponsor: Mac Construction & Excavating, INC.
- Sponsor EIN: 351487672
- Sponsor Address: 1908 UNRUH COURT, NEW ALBANY, IN, 47150
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 313
- Total Assets: $27.9M
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. |
|---|---|---|---|---|
| 2025 | 313 | $27.9M | $0 | $0 |
| 2024 | 283 | $25.1M | $439,801 | $1.3M |
| 2023 | 266 | $21.2M | $385,638 | $1.2M |
| 2022 | 256 | $17.3M | $343,885 | $1.1M |
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 |
|---|---|---|---|---|
| BENEFITS ADMINSTRATORS, LLC | Recordkeeper | $5,069 | — | $5,069 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,069
- Estimated Expense Ratio: 0.018% 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 |
|---|---|---|---|---|---|
| 2025 | $3,166,051 | — | $7,441 | — | — |
| 2024 | $29,825 | — | $29,825 | — | — |
| 2023 | $24,500 | — | $5,104 | — | — |
| 2022 | $4,564 | — | $4,564 | — | — |