Plan Snapshot
- Plan Sponsor: South Alabama Brick Co., INC.
- Sponsor EIN: 631031255
- Sponsor Address: 230 ROSS CLARK CIRCLE, DOTHAN, AL, 36303
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $8.3M
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 | 104 | $8.3M | $306,754 | $510,202 |
| 2023 | 81 | $8.8M | $298,506 | $463,194 |
| 2022 | 101 | $7.3M | $197,842 | $380,885 |
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 |
|---|---|---|---|---|
| MCDANIEL AND ASSOCIATES PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCDANIEL AND ASSOCIATES PC — Auditor
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 | $2,409,094 | — | $43,757 | — | — |
| 2023 | $438,618 | — | $46,681 | — | — |
| 2022 | $44,669 | — | — | — | — |