Plan Snapshot
- Plan Sponsor: Associated Builders & Contractors Nevada Chapter
- Sponsor EIN: 456323766
- Sponsor Address: 240 SOUTH ROCK BOULEVARD, SUITE 121, RENO, NV, 89502
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 2,298
- Total Assets: $1.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,298 | $1.3M | $10.9M | $126,245 |
| 2023 | 2,063 | $1.1M | $10.2M | $152,583 |
| 2022 | 1,664 | $1.0M | $10.1M | $177,588 |
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 |
|---|---|---|---|---|
| DILLON INSURANCE SERVICES | Other Service Provider | $428,379 | — | $428,379 |
| ABC NEVADA CHAPTER | Other Service Provider | $328,098 | — | $328,098 |
| LUCENT HEALTH SOLUTIONS, LLC | Other Service Provider | $166,532 | — | $166,532 |
| R & J INSURANCE SERVICES, LLC | Other Service Provider | $80,266 | — | $80,266 |
| DISTINCTIVE INSURANCE | Other Service Provider | $67,271 | — | $67,271 |
| CLIFTONLARSONALLEN LLP | Auditor | $47,917 | — | $47,917 |
| TMG INSURANCE COMPANY, INC. | Other Service Provider | $38,157 | — | $38,157 |
| GAROFOLO & RAMSDELL, LLP | Other Service Provider | $25,750 | — | $25,750 |
| ASSOCIATED BUILDERS AND CONTRACTORS | Other Service Provider | $23,120 | — | $23,120 |
| INTERWEST INSURANCE SERVICES, LLC | Other Service Provider | $21,382 | — | $21,382 |
| L/P INSURANCE SERVICES, INC. | Other Service Provider | $20,187 | — | $20,187 |
| INSURANCE OFFICE OF AMERICA, INC. | Other Service Provider | $17,977 | — | $17,977 |
| ASSURED PARTNERS OF NEVADA, LLC | Other Service Provider | $13,044 | — | $13,044 |
| EMPLOYERS BENEFITS DESIGN, INC. | Other Service Provider | $12,342 | — | $12,342 |
| NEVADA INSURANCE AGENCY | Other Service Provider | $12,079 | — | $12,079 |
| BOB MORALES | Other Service Provider | $8,763 | — | $8,763 |
| ONEDIGITAL TOPCO LLC | Recordkeeper | $7,764 | — | $7,764 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
- ONEDIGITAL TOPCO LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,319,028
- Estimated Expense Ratio: 101.330% 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 | $1,267,010 | — | $494,018 | $47,917 | — |
| 2023 | $1,248,551 | — | $472,232 | $46,731 | — |
| 2022 | $1,337,280 | — | $458,995 | — | $114,735 |