Plan Snapshot
- Plan Sponsor: Marathon Electrical Contractors, LLC
- Sponsor EIN: 630948925
- Sponsor Address: 2830 COMMERCE BOULEVARD, IRONDALE, AL, 35210
- Plan Type: 401(k)
- Total Participants: 463
- Total Assets: $28.6M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 463 | $28.6M | $1.3M | $2.3M |
| 2023 | 431 | $23.6M | $973,004 | $1.9M |
| 2022 | 428 | $18.4M | $898,716 | $1.6M |
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 |
|---|---|---|---|---|
| THE HIGHLANDS ACCOUNTING GROUP, INC | 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 | $196,619 | $9,250 | — | — | — |
| 2023 | $154,138 | $6,000 | — | — | — |
| 2022 | $156,586 | — | — | — | — |