Plan Snapshot
- Plan Sponsor: Shelby Gravel, INC.
- Sponsor EIN: 350903596
- Sponsor Address: 157 EAST RAMPART ROAD, SHELBYVILLE, IN, 46176
- Plan Type: 401(k)
- Total Participants: 250
- Total Assets: $32.9M
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 | 250 | $32.9M | $1.2M | $1.7M |
| 2023 | 224 | $27.7M | $1.2M | $1.7M |
| 2022 | 185 | $22.0M | $975,416 | $1.4M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $74,854 | — | $74,854 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $44,569 | — | $44,569 |
| MCGLADREY LLP | Auditor | $34,545 | — | $34,545 |
| AMERICAN PENSION ADVISORS, LTD. | Other Service Provider | $800 | $10,000 | $10,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $164,768
- Estimated Expense Ratio: 0.500% 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 | $160,163 | — | $125,618 | $34,545 | — |
| 2023 | $118,845 | — | $102,255 | $16,590 | — |
| 2022 | $121,906 | — | $121,906 | — | — |