Plan Snapshot
- Plan Sponsor: Standard Concrete Products, INC.
- Sponsor EIN: 582262702
- Sponsor Address: 945 BROADWAY, SUITE 300, COLUMBUS, GA, 31901
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $7.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 297 | $7.6M | $326,589 | $759,179 |
| 2023 | 277 | $6.2M | $201,846 | $706,557 |
| 2022 | 276 | $5.7M | $97,549 | $585,874 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $45,685 | — | $45,685 |
| RAYMOND JAMES | INVESTMENT/FINANCIAL ADVI | $15,825 | — | $15,825 |
| DOUGHERTY MCKINNON & LUBY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- RAYMOND JAMES — INVESTMENT/FINANCIAL ADVI
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,510
- Estimated Expense Ratio: 0.809% 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 | $61,510 | $17,974 | — | — | — |
| 2023 | $42,492 | $15,279 | — | — | — |
| 2022 | $32,606 | — | — | — | — |