Plan Snapshot
- Plan Sponsor: Southeast Mechanical LLC
- Sponsor EIN: 844771473
- Sponsor Address: 5142 N CAUSEWAY ROAD, WINSTON SALEM, NC, 27106
- Plan Type: 401(k)
- Total Participants: 401
- Total Assets: $7.1M
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 | 401 | $7.1M | $255,945 | $689,012 |
| 2023 | 284 | $5.2M | $199,632 | $496,382 |
| 2022 | 149 | $2.4M | $113,833 | $289,023 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $17,037 | — | $17,037 |
| SECURITIES AMERICA ADVISOR INC | ADVISOR | $10,455 | — | $10,455 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,492
- Estimated Expense Ratio: 0.389% 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 | $28,765 | $11,728 | — | — | — |
| 2023 | $20,497 | $1,053 | — | — | — |
| 2022 | $7,239 | $990 | $6,249 | — | — |