Plan Snapshot
- Plan Sponsor: Basil Management Group LLC
- Sponsor EIN: 872453765
- Sponsor Address: 3475 SOUTHWESTERN BLVD., ORCHARD PARK, NY, 14221
- Plan Type: 401(k)
- Total Participants: 532
- Total Assets: $51.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 532 | $51.3M | $361,840 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE | RECORDKEEPER | $87,739 | — | $87,739 |
| LAWLEY RETIREMENT ADVISORS LLC | INVESTMENT ADVISOR | $34,740 | — | $34,740 |
| PPS PENSION & FINANCIAL SERVICES | CONTRACT ADMIN | $2,385 | $11,179 | $13,564 |
| ACTUARIAL CONSULTING SERVICE INC | CONTRACT ADMIN | $2,620 | $3,286 | $5,906 |
| TRONCONI SEGARRA & ASSOCIATES LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRONCONI SEGARRA & ASSOCIATES LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,949
- Estimated Expense Ratio: 0.277% 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 | $87,454 | — | — | — | — |