Plan Snapshot
- Plan Sponsor: Teague Electric Construction, INC.
- Sponsor EIN: 481088280
- Sponsor Address: 12425 W. 92ND STREET, LENEXA, KS, 66215
- Plan Type: 401(k)
- Total Participants: 151
- Total Assets: $8.7M
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 | 151 | $8.7M | $134,689 | $531,634 |
| 2023 | 156 | $8.1M | $70,979 | $457,129 |
| 2022 | 158 | $7.3M | $70,529 | $435,403 |
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 |
|---|---|---|---|---|
| MARKS NELSON LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARKS NELSON LLC — 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 | $46,229 | — | $46,229 | — | — |
| 2023 | $45,448 | — | $45,448 | — | — |
| 2022 | $38,413 | — | $38,413 | — | — |