Plan Snapshot
- Plan Sponsor: Belair Builders, INC.
- Sponsor EIN: 410997613
- Sponsor Address: 2200 OLD HIGHWAY 8 NW, NEW BRIGHTON, MN, 55112
- Plan Type: 401(k)
- Total Participants: 162
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 162 | $5.5M | $45,574 | $506,380 |
| 2023 | 189 | $5.5M | $72,695 | $544,049 |
| 2022 | 198 | $4.5M | $67,548 | $570,648 |
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 |
|---|---|---|---|---|
| BARTON WALTER & KRIER PC | OTHER | $16,400 | — | $16,400 |
| BARTON, WATER & KRIER, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARTON, WATER & KRIER, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,400
- Estimated Expense Ratio: 0.297% 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 | $19,137 | — | — | — | — |
| 2023 | $8,087 | — | — | — | — |
| 2022 | $16,956 | — | $16,956 | — | — |