Plan Snapshot
- Plan Sponsor: American Builders & Contractors Supply Co INC
- Sponsor EIN: 391413708
- Sponsor Address: ONE ABC PARKWAY, BELOIT, WI, 53511
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 20,980
- Total Assets: $1.6B
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 20,980 | $1.6B | $0 | $0 |
| 2024 | 19,397 | $1.3B | $49.5M | $88.1M |
| 2023 | 19,388 | $1.0B | $43.0M | $79.4M |
| 2022 | 15,701 | $837.7M | $0 | $68.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $645,387 | — | $645,387 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $620,666 | — | $620,666 |
| NFP RETIREMENT | Other Service Provider | $229,167 | — | $229,167 |
| WIPFLI LLP | Other Service Provider | $14,988 | — | $14,988 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,510,208
- Estimated Expense Ratio: 0.097% 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 | $134,870,361 | $620,666 | $3,300 | — | — |
| 2024 | $1,180,395 | $422,437 | $3,900 | — | — |
| 2023 | $1,077,331 | $332,209 | $2,700 | $17,845 | — |
| 2022 | $876,942 | $291,947 | — | — | — |