Plan Snapshot
- Plan Sponsor: Saarman Construction, Ltd.
- Sponsor EIN: 942929210
- Sponsor Address: 1900 N LOOP RD, ALAMEDA, CA, 94502
- Plan Type: 401(k)
- Total Participants: 97
- Total Assets: $13.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 97 | $13.2M | $1.2M | $373,205 |
| 2023 | 105 | $11.3M | $609,186 | $334,256 |
| 2022 | 95 | $9.5M | $576,373 | $336,833 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $45,723 | — | $45,723 | — | — |
| 2023 | $40,508 | — | $40,508 | — | — |
| 2022 | $35,879 | — | $35,879 | — | — |