Plan Snapshot
- Plan Sponsor: B. J. Baldwin Electric, INC.
- Sponsor EIN: 232066282
- Sponsor Address: 7060 DIVISION HIGHWAY, NARVON, PA, 17555
- Plan Type: 401(k)
- Total Participants: 394
- Total Assets: $28.1M
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 | 394 | $28.1M | $390,737 | $1.1M |
| 2023 | 403 | $26.8M | $363,284 | $1.1M |
| 2022 | 395 | $24.7M | $377,410 | $1.1M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | ADVISOR | $32,563 | — | $32,563 |
| FIDELITY WORKPLACE SERVICES, LLC | PLAN ADMINISTRATOR | $31,314 | — | $31,314 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $12,293 | — | $12,293 |
| MCKONLY & ASBURY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- MCKONLY & ASBURY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,170
- Estimated Expense Ratio: 0.271% 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 | $76,169 | $44,855 | $9,875 | — | — |
| 2023 | $67,891 | $33,150 | $9,885 | — | — |
| 2022 | $87,884 | — | — | — | — |