Plan Snapshot
- Plan Sponsor: S E & M Constructors, INC.
- Sponsor EIN: 561804334
- Sponsor Address: 6441 E. NC HIGHWAY 97, ELM CITY, NC, 27822
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $4.3M
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 | 103 | $4.3M | $125,211 | $444,421 |
| 2023 | 101 | $3.5M | $100,000 | $371,135 |
| 2022 | 90 | $2.7M | $90,000 | $314,123 |
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 |
|---|---|---|---|---|
| BUNCH & COMPANY, LLP | 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 | $14,385 | — | $14,385 | — | — |
| 2023 | $13,048 | — | $13,048 | — | — |
| 2022 | $12,572 | — | $12,572 | — | — |