# Norwalk/Indianola Ready-Mixed Concrete INC. 401(k) Plan
Source: https://planprovider.pro/companies/norwalk-indianola-ready-mixed-concrete-inc-401k-plan

> Norwalk/Indianola Ready-Mixed Concrete INC.'s 401(k) plan: 136 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Norwalk/Indianola Ready-Mixed Concrete INC.

- **Sponsor EIN:** 420982450

- **Sponsor Address:** 1535 NORTH AVENUE, NORWALK, IA, 50211

- **Plan Type:** 401(k)

- **Total Participants:** 136

- **Total Assets:** $12.1M

## 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|136|$12.1M|$327,543|$602,683|

| 2023|129|$11.5M|$225,511|$584,739|

| 2022|129|$12.0M|$271,192|$633,709|

## 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|

| DESMOND CPA, PLC|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|$76,442|—|—|—|—|

| 2023|$84,620|—|—|$5,500|—|

| 2022|$77,783|—|—|—|—|

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