Plan Snapshot
- Plan Sponsor: The Cementworks, LLC
- Sponsor EIN: 223740752
- Sponsor Address: 32 OLD SLIP, NEW YORK, NY, 10005
- Plan Type: 401(k)
- Total Participants: 118
- Total Assets: $21.7M
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 | 118 | $21.7M | $229,020 | $1.5M |
| 2023 | 135 | $19.5M | $219,816 | $1.6M |
| 2022 | 158 | $15.9M | $285,632 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMIN | $96,601 | — | $96,601 |
| FIRST REPUBLIC INVESTMENT MGMT | INVESTMENT ADVISORY | — | $36,173 | $36,173 |
| THE BENEFIT PRACTICE | THIRD PARTY ADMIN | $6,825 | $10,247 | $17,072 |
| J. P. MORGAN SECURITIES LLC | INVESTMENT ADVISORY | — | $13,299 | $13,299 |
| CONDON O'MEARA MCGINTY & DONNELLY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J. P. MORGAN SECURITIES LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $163,145
- Estimated Expense Ratio: 0.753% 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 | $103,426 | — | $103,426 | — | — |
| 2023 | $93,093 | — | $93,093 | — | — |
| 2022 | $84,585 | — | $84,585 | — | — |