Plan Snapshot
- Plan Sponsor: T C Construction Co INC
- Sponsor EIN: 953646005
- Sponsor Address: 10540 PROSPECT AVE, SANTEE, CA, 92071
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 193
- Total Assets: $1.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 193 | $1.2M | $2.1M | $1.1M |
| 2023 | 207 | $191,800 | $1.5M | $815,316 |
| 2022 | 194 | $379,393 | $1.5M | $874,861 |
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 |
|---|---|---|---|---|
| MVI ADMINISTRATORS INSURANCE | Other Service Provider | $181,861 | — | $181,861 |
| HEALTHCOMP LLC | Other Service Provider | $114,937 | — | $114,937 |
| ANTHEM BLUE CROSS LIFE AND HEALTH | Other Service Provider | $48,098 | — | $48,098 |
| MCGRIFF INSURANCE SERVICES INC | Insurance Carrier | $45,000 | — | $45,000 |
| BEESON, HOFFMAN & SIDDALL INC | Auditor | $21,000 | — | $21,000 |
| SHEPPARD MULLIN RICHTER & HAMPTON | ERISA Attorney | $12,441 | — | $12,441 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $423,337
- Estimated Expense Ratio: 36.032% 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 | $381,767 | — | $296,863 | $21,000 | — |
| 2023 | $314,875 | — | $229,081 | $20,000 | — |
| 2022 | $295,648 | — | $213,956 | — | $31,371 |