Plan Snapshot
- Plan Sponsor: Barts Electric Company, INC.
- Sponsor EIN: 431671389
- Sponsor Address: 7103 STEWART ROAD, PLEASANT VALLEY, MO, 64068
- Plan Type: 401(k)
- Total Participants: 380
- Total Assets: $21.8M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 380 | $21.8M | $1.3M | $1.6M |
| 2023 | 272 | $17.4M | $1.2M | $1.2M |
| 2022 | 244 | $13.5M | $1.3M | $988,369 |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SVCS, LLC | Investment Advisor | $47,226 | — | $47,226 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $34,858 | — | $34,858 |
| MHM RETIREMENT PLAN SOLUTIONS | Other Service Provider | $13,636 | — | $13,636 |
| EMPOWER ADVISORY GROUP LLC | Investment Advisor | $10,390 | — | $10,390 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $106,110
- Estimated Expense Ratio: 0.486% 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 | $106,110 | — | $106,110 | — | — |
| 2023 | $79,803 | — | $79,803 | — | — |
| 2022 | $76,742 | $36,242 | $40,500 | — | — |