Plan Snapshot
- Plan Sponsor: Bbl Hospitality, LLC
- Sponsor EIN: 264830667
- Sponsor Address: 302 WASHINGTON AVE. EXT., ALBANY, NY, 12203
- Plan Type: 401(k)
- Total Participants: 640
- Total Assets: $4.7M
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 | 640 | $4.7M | $260,726 | $525,479 |
| 2023 | 571 | $3.8M | $78,232 | $409,045 |
| 2022 | 349 | $3.0M | $40,216 | $343,763 |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $14,265 | $135 | $14,400 |
| LPL FINANCIAL CORPORATION RPCP | Other Service Provider | $7,875 | — | $7,875 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,275
- Estimated Expense Ratio: 0.474% 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 | $22,141 | — | $22,141 | — | — |
| 2023 | $13,581 | — | — | — | — |
| 2022 | $14,114 | — | $14,114 | — | — |