Plan Snapshot
- Plan Sponsor: Madden Contracting Company, LLC
- Sponsor EIN: 720574611
- Sponsor Address: 11288 HIGHWAY 371 SOUTH, SIBLEY, LA, 71073
- Plan Type: 401(k)
- Total Participants: 827
- Total Assets: $30.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 827 | $30.2M | $1.9M | $1.2M |
| 2023 | 302 | $25.4M | $827,639 | $1.1M |
| 2022 | 220 | $20.9M | $731,112 | $1.0M |
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 |
|---|---|---|---|---|
| HEARD, MCELROY & VESTAL, 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 | $144,898 | — | — | — | — |
| 2023 | $125,530 | — | — | $13,400 | — |
| 2022 | $129,714 | — | — | — | — |