Plan Snapshot
- Plan Sponsor: Omega Construction, INC.
- Sponsor EIN: 561087591
- Sponsor Address: 1100 SOUTH STRATFORD ROAD, WINSTON-SALEM, NC, 27103
- Plan Type: 401(k)
- Total Participants: 135
- Total Assets: $7.9M
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 | 135 | $7.9M | $395,901 | $1.2M |
| 2023 | 128 | $6.2M | $209,446 | $976,279 |
| 2022 | 133 | $3.8M | $171,552 | $780,031 |
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 |
|---|---|---|---|---|
| SMITH LEONARD PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH LEONARD PLLC — Auditor
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 | $51,842 | $26,112 | — | — | — |
| 2023 | $36,340 | $3,368 | — | — | — |
| 2022 | — | — | — | — | — |