Plan Snapshot
- Plan Sponsor: Basden Steel And Erection, INC.
- Sponsor EIN: 752572555
- Sponsor Address: 645 E. RENFRO, BURLESON, TX, 76097
- Plan Type: 401(k)
- Total Participants: 972
- Total Assets: $9.6M
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 | 972 | $9.6M | $179,646 | $830,902 |
| 2023 | 466 | $8.3M | $130,827 | $647,126 |
| 2022 | 425 | $6.9M | $34,108 | $593,123 |
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 | $8,020 | — | $8,020 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $6,147 | — | $6,147 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,167
- Estimated Expense Ratio: 0.148% 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 | $14,167 | $6,147 | — | — | — |
| 2023 | $11,168 | $5,616 | — | — | — |
| 2022 | $10,899 | $5,200 | — | — | — |