Plan Snapshot
- Plan Sponsor: B & D Plumbing, Heating And Air Conditioning, INC.
- Sponsor EIN: 412000947
- Sponsor Address: 12821 44TH COURT NE, SAINT MICHAEL, MN, 55376
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $11.8M
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. |
|---|---|---|---|---|
| 2024 | 140 | $11.8M | $343,738 | $571,709 |
| 2023 | 133 | $9.9M | $338,892 | $551,470 |
| 2022 | 137 | $8.2M | $307,954 | $531,463 |
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 |
|---|---|---|---|---|
| HAGA KOMMER, LTD | Auditor | $51,500 | — | $51,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,500
- Estimated Expense Ratio: 0.438% 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 | $52,625 | — | — | $51,500 | — |
| 2023 | $400 | — | — | — | — |
| 2022 | $19,125 | — | — | — | — |