Plan Snapshot
- Plan Sponsor: Bcf Solutions INC
- Sponsor EIN: 043768223
- Sponsor Address: 14325 WILLARD ROAD SUITE 107, CHANTILLY, VA, 201512110
- Plan Type: 401(k)
- Total Participants: 222
- Total Assets: $20.0M
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 | 222 | $20.0M | $727,932 | $1.5M |
| 2023 | 237 | $19.0M | $611,485 | $1.3M |
| 2022 | 180 | $15.9M | $457,162 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $89,444 | — | $89,444 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $28,799 | $28,799 |
| APRIO, LLC | ACCOUNTANT | — | $13,646 | $13,646 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
- APRIO, LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $131,889
- Estimated Expense Ratio: 0.658% 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 | $89,445 | — | $89,445 | — | — |
| 2023 | $73,732 | — | $73,732 | — | — |
| 2022 | $78,615 | — | $78,615 | — | — |