Plan Snapshot
- Plan Sponsor: Monteith Construction Corp
- Sponsor EIN: 980190888
- Sponsor Address: 208 PRINCESS ST, WILMINGTON, NC, 284013976
- Plan Type: 401(k)
- Total Participants: 165
- Total Assets: $7.7M
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 | 165 | $7.7M | $346,381 | $850,116 |
| 2023 | 161 | $5.9M | $317,822 | $770,964 |
| 2022 | 154 | $4.3M | $215,111 | $663,672 |
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 |
|---|---|---|---|---|
| MURRAY GROUP CPA 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 | $30,344 | — | $30,344 | — | — |
| 2023 | $16,599 | — | $16,599 | — | — |
| 2022 | $13,327 | — | $13,327 | — | — |