# Standard Concrete Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/standard-concrete-products-inc-401k-plan

> Standard Concrete Products, INC.'s 401(k) plan: 297 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/adp-retirement-services) — RECORD KEEPER

- [RAYMOND JAMES](https://planprovider.pro/provider/john-hancock) — 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|—|—|—|—|

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- [The Concrete Company](https://planprovider.pro/companies/the-concrete-company-401k-plan) — 64 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/standard-concrete-products-inc-401k-plan)

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