Plan Snapshot
- Plan Sponsor: Mountain States Constructors, INC.
- Sponsor EIN: 850276974
- Sponsor Address: 3601 PAN AMERICAN FREEWAY NE # 111, ALBUQUERQUE, NM, 87108
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $23.5M
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 | 266 | $23.5M | $3.6M | $1.1M |
| 2023 | 244 | $19.5M | $3.3M | $961,434 |
| 2022 | 241 | $15.8M | $3.2M | $873,273 |
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 |
|---|---|---|---|---|
| RBC CAPITAL MARKETS CORP, LLC | Investment Advisor | $52,130 | — | $52,130 |
| PATTISON PENSION SPECIALISTS, INC. | Recordkeeper | $17,827 | — | $17,827 |
| NATIONWIDE | Custodian / Trustee | $12,198 | — | $12,198 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC CAPITAL MARKETS CORP, LLC — Investment Advisor
- NATIONWIDE — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,155
- Estimated Expense Ratio: 0.349% 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 | $82,155 | $52,130 | $12,198 | — | — |
| 2023 | $155,212 | $42,207 | $72,247 | — | — |
| 2022 | $139,473 | $24,357 | $76,032 | — | $39,084 |