Plan Snapshot
- Plan Sponsor: Patriot Engineering & Environmental Co., INC.
- Sponsor EIN: 300009632
- Sponsor Address: 6150 EAST 75TH STREET, INDIANAPOLIS, IN, 46250
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 235
- Total Assets: $16.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 235 | $16.0M | $0 | $0 |
| 2024 | 210 | $12.5M | $455,824 | $928,558 |
| 2023 | 176 | $10.0M | $219,201 | $673,608 |
| 2022 | 149 | $8.3M | $172,374 | $514,375 |
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 ANNUITY INS. CO. OF AMERICA | Recordkeeper | $39,400 | — | $39,400 |
| LPL FINANCIAL | Investment Advisor | $17,000 | — | $17,000 |
| RETIREMENT PLAN CONCEPTS & SERVICES | Other Service Provider | $4,006 | $10,000 | $14,006 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,731 | — | $6,731 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,137
- Estimated Expense Ratio: 0.482% 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 |
|---|---|---|---|---|---|
| 2025 | $332,694 | — | — | — | — |
| 2024 | $51,068 | — | $11,201 | — | — |
| 2023 | $41,911 | — | $5,049 | — | — |
| 2022 | $43,210 | — | $43,210 | — | — |