Plan Snapshot
- Plan Sponsor: R. W. Allen Construction, LLC
- Sponsor EIN: 474755084
- Sponsor Address: 1015 BROAD STREET, AUGUSTA, GA, 30901
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 38
- Total Assets: $127,887
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 38 | $127,887 | $321,628 | $123,964 |
| 2023 | 36 | $135,316 | $27,868 | $9,535 |
| 2022 | 36 | $119,555 | $273,762 | $122,111 |
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 |
|---|---|---|---|---|
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $26,793 | — | $26,793 |
| THE BENECON GROUP | Investment Advisor | $11,249 | — | $11,249 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,042
- Estimated Expense Ratio: 29.747% 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 | $454,980 | — | — | — | — |
| 2023 | $21,784 | — | — | — | — |
| 2022 | $293,149 | — | — | — | — |