Plan Snapshot
- Plan Sponsor: The John R. Mcadams Company, INC.
- Sponsor EIN: 561234550
- Sponsor Address: 621 HILLSBOROUGH ST SUITE 500, RALEIGH, NC, 27603
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 701
- Total Assets: $54.7M
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. |
|---|---|---|---|---|
| 2025 | 701 | $54.7M | $0 | $0 |
| 2024 | 490 | $42.5M | $1.5M | $3.3M |
| 2023 | 460 | $36.3M | $1.4M | $3.0M |
| 2022 | 421 | $27.7M | $1.2M | $2.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $81,685 | — | $81,685 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $21,484 | — | $21,484 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $103,169
- Estimated Expense Ratio: 0.189% 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 |
|---|---|---|---|---|---|
| 2025 | $4,691,269 | $21,484 | — | — | — |
| 2024 | $83,666 | $13,078 | — | — | — |
| 2023 | $67,212 | $6,914 | — | — | — |
| 2022 | $58,565 | — | $58,565 | — | — |