Plan Snapshot
- Plan Sponsor: Martin Contracting, INC.
- Sponsor EIN: 455271898
- Sponsor Address: 2371 IRVINE ROAD, RICHMOND, KY, 404759545
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $2.0M
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 | 314 | $2.0M | $181,771 | $458,284 |
| 2023 | 194 | $1.2M | $85,465 | $263,909 |
| 2022 | 155 | $1.1M | $109,253 | $302,250 |
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 |
|---|---|---|---|---|
| BERSTEN & DIERFUF, PLLC | 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 | $7,486 | — | $7,486 | — | — |
| 2023 | $3,418 | — | $3,418 | — | — |
| 2022 | $7,034 | — | $7,034 | — | — |