Plan Snapshot
- Plan Sponsor: Nelson Bros Ready Mix, Ltd.
- Sponsor EIN: 752944168
- Sponsor Address: 170 W. MAIN ST., LEWISVILLE, TX, 75057
- Plan Type: 401(k)
- Total Participants: 239
- Total Assets: $1.8M
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 | 239 | $1.8M | $217,489 | $619,571 |
| 2023 | 233 | $1.3M | $245,876 | $468,270 |
| 2022 | 212 | $611,529 | $183,516 | $394,441 |
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 |
|---|---|---|---|---|
| EMPOWER INSURANCE COMPANY OFAMERICA | Recordkeeper | $25,895 | — | $25,895 |
| PENSION PLANNING CONSULTANTS, INC. | Recordkeeper | $18,296 | — | $18,296 |
| SCF INVESTMENT ADVISORS INC | Investment Advisor | $7,838 | — | $7,838 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,029
- Estimated Expense Ratio: 2.821% 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 | $52,051 | $7,860 | $18,296 | — | — |
| 2023 | $25,421 | — | — | — | — |
| 2022 | $6,025 | — | $4,975 | — | $1,050 |