Plan Snapshot
- Plan Sponsor: Pearson Construction, LLC
- Sponsor EIN: 453718912
- Sponsor Address: 2901 N MEAD, WICHITA, KS, 67219
- Plan Type: 401(k)
- Total Participants: 341
- Total Assets: $9.8M
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 | 341 | $9.8M | $561,691 | $1.3M |
| 2023 | 241 | $5.8M | $422,353 | $920,202 |
| 2022 | 237 | $3.5M | $203,590 | $490,557 |
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 |
|---|---|---|---|---|
| NATIONWIDE | NONE | $30,253 | — | $30,253 |
| KEATING FINANCIAL ADVISORY SERVICES | NONE | $25,517 | — | $25,517 |
| KOCH SIEDHOFF HAND & DUNN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — NONE
- KOCH SIEDHOFF HAND & DUNN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,770
- Estimated Expense Ratio: 0.571% 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 | $59,034 | $25,517 | $3,264 | — | — |
| 2023 | $54,519 | $30,833 | $3,928 | — | — |
| 2022 | $29,515 | — | $29,515 | — | — |