Plan Snapshot
- Plan Sponsor: Benefits Assurance, LLC
- Sponsor EIN: 900869463
- Sponsor Address: 6400 PINECREST DRIVE, PLANO, TX, 75024
- Plan Type: 401(k)
- Total Participants: 318
- Total Assets: $12.0M
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 | 318 | $12.0M | $548,639 | $1.0M |
| 2023 | 269 | $9.5M | $514,933 | $901,241 |
| 2022 | 225 | $7.5M | $448,820 | $815,023 |
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 |
|---|---|---|---|---|
| NOVA 401(K) ASSOCIATES | THIRD PARTY ADMINISTRATOR | — | $5,168 | $5,168 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,168
- Estimated Expense Ratio: 0.043% 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 | $11,631 | $3,856 | $7,425 | — | — |
| 2023 | $9,298 | — | $9,298 | — | — |
| 2022 | $8,023 | — | $8,023 | — | — |