Plan Snapshot
- Plan Sponsor: S Y B Construction Company, INC.
- Sponsor EIN: 752053952
- Sponsor Address: 1017 S FM 157, VENUS, TX, 76084
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $5.2M
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. |
|---|---|---|---|---|
| 2024 | 324 | $5.2M | $315,512 | $432,835 |
| 2023 | 319 | $4.0M | $255,833 | $363,788 |
| 2022 | 276 | $3.1M | $219,747 | $310,986 |
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, JACKSON, BOYER AND BOVARD | 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 | $2,711 | $51 | $2,660 | — | — |
| 2023 | $1,912 | $47 | $1,865 | — | — |
| 2022 | $13,784 | $11,139 | $2,645 | — | — |