Plan Snapshot
- Plan Sponsor: Sentry Equipment Erectors, LLC
- Sponsor EIN: 541150258
- Sponsor Address: 13150 EAST LYNCHBURG-SALEM TURNPIKE, FOREST, VA, 24551
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 184
- Total Assets: $29.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 184 | $29.8M | $833,621 | $1.0M |
| 2022 | 169 | $87.3M | $2.4M | $993,160 |
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 |
|---|---|---|---|---|
| TRUIST ADVISORY SERVICES INC | Other Service Provider | $49,210 | — | $49,210 |
| CHARTWELL FINANCIAL ADVISORY INC | Other Service Provider | $26,000 | — | $26,000 |
| VENTURA ESOP FIDUCIARY SERVICES LLC | Custodian / Trustee | $24,720 | — | $24,720 |
| TRANSMERICA RETIREMENT SOLUTIONS | Recordkeeper | $18,791 | — | $18,791 |
| PENSION FINANCIAL SERVICES INC | Other Service Provider | $15,468 | — | $15,468 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSMERICA RETIREMENT SOLUTIONS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $134,189
- Estimated Expense Ratio: 0.450% 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 |
|---|---|---|---|---|---|
| 2023 | $176,937 | $49,210 | — | — | — |
| 2022 | $132,147 | — | — | — | $132,147 |