Plan Snapshot
- Plan Sponsor: Mcvay Brothers Contractors INC
- Sponsor EIN: 910652022
- Sponsor Address: PO BOX 3891, SPOKANE, WA, 992203891
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $3.9M
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. |
|---|---|---|---|---|
| 2024 | 221 | $3.9M | $162,261 | $467,284 |
| 2023 | 459 | $3.1M | $169,579 | $462,662 |
| 2022 | 282 | $2.1M | $155,604 | $381,202 |
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 |
|---|---|---|---|---|
| EQUITABLE | RECORD KEEPER | $61,039 | $2,507 | $63,546 |
| EIDE BAILLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EQUITABLE — RECORD KEEPER
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,546
- Estimated Expense Ratio: 1.641% 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 | $61,039 | — | $61,039 | — | — |
| 2023 | $52,263 | — | $52,263 | — | — |
| 2022 | $41,640 | — | — | — | — |