Plan Snapshot
- Plan Sponsor: Bcn Administrative Services, INC.
- Sponsor EIN: 383358642
- Sponsor Address: 3650 W. LIBERTY ROAD, ANN ARBOR, MI, 48103
- Plan Type: 401(k)
- Total Participants: 2,586
- Total Assets: $61.0M
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 | 2,586 | $61.0M | $1.1M | $6.0M |
| 2023 | 2,762 | $65.4M | $1.3M | $7.0M |
| 2022 | 2,882 | $51.4M | $1.3M | $3.4M |
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 |
|---|---|---|---|---|
| MRPR GROUP P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MRPR GROUP P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $608,922 | $115,593 | $493,329 | — | — |
| 2023 | $491,816 | $77,456 | $414,360 | — | — |
| 2022 | $458,188 | $2,615 | $455,573 | — | — |