Plan Snapshot
- Plan Sponsor: Meb General Contractors, INC.
- Sponsor EIN: 541194996
- Sponsor Address: 4016 HOLLAND BOULEVARD, CHESAPEAKE, VA, 23323
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $37.5M
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 | 327 | $37.5M | $719,147 | $2.0M |
| 2023 | 303 | $31.5M | $619,308 | $1.7M |
| 2022 | 224 | $27.0M | $503,303 | $1.5M |
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 |
|---|---|---|---|---|
| CREEDLE JONES & ASSOCIATES | 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 | $41,064 | — | — | — | — |
| 2023 | $35,816 | — | — | — | — |
| 2022 | — | — | — | — | — |