Plan Snapshot
- Plan Sponsor: Tri-City Electrical Contractors, INC.
- Sponsor EIN: 020657423
- Sponsor Address: 430 WEST DR, ALTAMONTE SPRINGS, FL, 327142539
- Plan Type: 401(k)
- Total Participants: 800
- Total Assets: $30.0M
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 | 800 | $30.0M | $799,247 | $3.8M |
| 2023 | 836 | $26.0M | $491,106 | $2.9M |
| 2022 | 665 | $22.4M | $492,926 | $2.0M |
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 ADMINISTRATOR | $139,057 | — | $139,057 |
| RESOURCES INVESTMENT ADVISORS | INVESTMENT ADVISORY | — | $35,000 | $35,000 |
| REHMANN ROBSON LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RESOURCES INVESTMENT ADVISORS — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $174,057
- Estimated Expense Ratio: 0.581% 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 | $139,057 | — | $139,057 | — | — |
| 2023 | $123,219 | — | $123,219 | — | — |
| 2022 | $82,820 | — | $82,820 | — | — |